Mike McCarthy will sit out the 2019 season and plans on returning in 2020.
McCarthy only pursued the head coaching job of the New York Jets, who will hire Adam Gase.
McCarthy interviewed with the Jets last weekend but declined the chance to interview with the Browns.
"We looked at everything, and it was either New York or stay out. That was our outlook," McCarthy said. "My family's excited. We were eating dinner when I got the message [about the Jets], and they all started cheering. So it was kind of funny. I think it tells you where they're at."
McCarthy has five children, four of whom are still school-aged.