Reed’s deal includes $20 million in financial guarantees. His 2025 season was disrupted by a foot injury and a broken clavicle. Reed has not yet cracked the PPR WR2 ranks in season-long finishes, but he averages 2.01 yards per route run over the course of his three-year career. Reed turns 26 next week. It will be interesting to see whether the Packers bring aboard a rookie wide receiver later today. As things currently stand, Reed is set to man the slot and may be allowed to compete with second-year WR Matthew Golden for snaps out wide.