BALTIMORE, MD - JANUARY 15: Ed Reed #20 of the Baltimore Ravens tumbles after intercepting the ball against Andre Johnson #80 of the Houston Texans during the fourth quarter of the AFC Divisional playoff game at M&T Bank Stadium on January 15, 2012 in Baltimore, Maryland. (Photo by Rob Carr/Getty Images)
Reed has one year remaining on his current deal and while he's lobbying for a contract extension now, he is due over $7 million for the 2012 season. However a new deal that could pay him in the neighborhood of what he is currently making would guarantee him a big chunk of money now, rather than waiting for another season to come and go.
Reed said in a story from Aaron Wilson of the Carroll County Times, that he has earned the right to get a final deal with the Ravens, saying: