Lombardi: Reed won’t be getting new contract

Ed Reed put himself back on our offseason radar Wednesday when he said he’s talked to the Baltimore Ravens about a new contract.

Reed, who also contemplated retirement and underwent hip surgery this offseason, has three years and roughly $20 million remaining on his current contract.

NFL Network insider Michael Lombardi updated the situation on Thursday, telling “NFL Total Access” that Reed isn’t getting a new contract, and would have to pay back the Ravens a portion of his $5.2 million signing bonus if he decides to retire not due to injury.

Reed said he told the Ravens he’ll be playing this season, and it sounds as though he’ll be doing so under his current deal.

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