Owings Mills – The Ravens are due to pay free safety Ed Reed $7.2 million in the final season of his six-year, $44 million contract. He carries an $8.5 million salary-cap figure.
Although often mentioned as a candidate for a contract extension, the former NFL Defensive Player of the Year currently has no representation after firing Eugene Mato years ago.
An extension for Reed was discussed internally at one point last season.
Reed and the team have already declared that he will return for next season, but each year his health is a question mark due to a lingering nerve impingement in his neck.
Reed, 33, told South Florida reporters Thursday night while being inducted into the University of Miami Hall of Fame that he intends to keep playing.
"There’s a lot of talk out there," Reed said. "I’m not going to say I’m 50-50, because I’m not. I want to play football, but it’s something me and my team have been discussing the last couple of weeks.
"My partners, they do a great job of making sure I know the pros and cons of what’s going on with my body and with the organization and where we’re at. I plan on doing it, but depending, it could change. If it was up to me, I’d be with a walking cane out there. I don’t know, man. I think four to five years is a reality for me."