The Cleveland Browns say Mike Holmgren has agreed to become their president.

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Browns owner Randy Lerner said the two sides reached a deal on Monday. Lerner says details still need to be worked out and a formal announcement will be made by next week.
On Saturday, the 61-year-old Holmgren had turned down a front-office position to return to the Seattle Seahawks, sparking speculation that he was headed to Cleveland.
Holmgren said he was intrigued by the Cleveland opportunity because of the absence of ``layers'' between him and Lerner.
The Browns improved to 3-11 on Sunday under first-year coach Eric Mangini with a 41-34 victory over the Kansas City Chiefs.
Oddsmakers from online sports book SPORTSBETTING.com have made the Browns a 2.5-point favorite over the Raiders in Week 16.

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Posted: 12/21/09 9:55PM ET