The Houston Texans offered free agent safety Ed Reed a three-year contract, according to a report from John McClain of the Houston Chronicle.
According to the report, Houston's offer is worth roughly $4 million per season. Reed, who made $7.2 million with the Ravens last season, is reportedly searching for a contract which averages between $6 and $7 million per season. Reed doesn't appear close to accepting Houston's offer, as according to McClain, Reed's agent is still gauging interest from other teams.
Reed spent the first 11 seasons of his career with Baltimore and the Ravens are interested in bringing him back next season. The problem for Reed, however, is both Houston and Baltimore are limited by a lack of salary cap space. The 34-year-old Reed is still effective, but is not the player he once was. With a number of veterans struggling to find large contracts on the free agent market, Reed may have a hard time finding a deal which pays more than $4 million per season.