Redskins sign TE Jordan Reed to five-year, $50M extension
— -- The Washington Redskins have signed tight end Jordan Reed to a multiyear extension, the team announced Thursday.
A source told ESPN NFL Insider Adam Schefter that the extension is for five years and is worth $50 million, including $22 million guaranteed.
The new deal keeps Reed with the Redskins through the 2021 season.
Reed caught 87 passes for 952 yards and 11 touchdowns last season. The third-round pick in the 2013 draft has 182 career receptions for 1,916 yards and 14 touchdowns for the Redskins.
The Redskins added depth at the position in the offseason by signing Maryland product Vernon Davis from the Denver Broncos. They also re-signed Logan Paulsen and expect Niles Paul to return from a gruesome ankle injury that cost him the entire season.
The Associated Press contributed to this report.
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