March 19, 2013-Ed Reed, his agents, and the Texans met in Phoenix, but aren't any closer to a deal.
John McClain of the Houston Chronicle reports that the two sides are "not close" on agreeing to terms at this point. Per McClain, the Texans offered Reed a contract that would pay him around $4 million per year for a three year contract.
It looks as if Ed Reed wants more money, apparently in the $6-7 million range, and that looks to be too much for the texans at this point. Reed wants to make around what he made last year which was $7.2 million. That may be a tough sell for a player of his age at this point.
Reed could definately bolster the secondary for the Texans but the numbers have to be right. If an agreement or at least compromise on Reeds part doesn't happen, the Texans may have to move on to other safety options available. As for Reed, if he doesn't lower his expectations on a deal, he may be waiting a while to find a team in 2013.