Reed signed a one-year, $2 million deal with the Cardinals on Saturday, Ian Rapoport of NFL Network reports. Reed is expected to play outside linebacker for the Cardinals, providing a bit of depth for a team that is expected to see at least three meaningful linebackers enter free agency during the offseason.
Reed posted Wednesday on his personal Instagram account that he won't be returning to the Falcons in 2019, Vaughn McClure of ESPN.com reports. Reed has spent the past four years with Atlanta, playing in at least 13 games each season and totaling seven sacks over 60 games. The soon-to-be 32-year-old will likely continue to work in a part-time backup role wherever he lands this offseason.
Reed registered 24 tackles, one sack and one forced fumble this season for the Falcons. The veteran Reed failed to put up numbers in 2018 despite playing on a respectable 41.9 percent of Atlanta's defensive snaps. Reed's 24 combined tackles and one sack were his lowest outputs for any season with at least 14 games played, but it's especially concerning that he tailed off at the end of the season with just two tackles over his final four games. He turns 32 in February, and now enters the final frame of his five-year, $22 million deal as a second-string option behind Takkarist McKinley and Vic Beasley at defensive end.
Reed and the Falcons have come to terms on a revised contract which will keep him in Atlanta for a fourth season, Ian Rapoport of NFL Network reports. The reduction of Reed's $5.44 million cap hit affords Atlanta some much needed financial wiggle room, with the Falcons entering the offseason as a bottom-10 team in terms of available cap space. The 31-year-old defensive end proved to be more than a rotational player in 2017, starting in 14-plus games for the first time since 2013. In doing so, Reed logged the second-highest sack total (four) of his career, to go along with 41 tackles.
Reed produced 41 tackles and four sacks over 16 games in 2017. Reed yet again proved to be a force in run support, ultimately grading out as Pro Football Focus' 10th-highest-graded 4-3 defensive end in that area. However, he's also proving to be a low-floor, low-upside fantasy option due to his modest production in both the sack and tackle departments. Since it's hard to see that changing in 2018, Reed shouldn't be on the fantasy radar in most formats.