Base value of Jordan Reed extension is 5 years, just under $50M. $22M guaranteed. Amount fully guaranteed at signing not yet known.
Thanks to a relatively healthy season (14 games), Reed finished #3 in standard formats and #2 in PPR. He caught 87 passes for 952 yards and 11 touchdowns, registering a higher PPG in PPR formats than Rob Gronkowski. He was second only to Delanie Walker in targets per game. He's extremely talented and is a near-lock to be a top five tight end as long as he stays healthy, but given his history and his price (4th round ADP), there's some risk here.