Eric Reid Signing Could Negatively Impact the Packers

Eric Reid may have re-set the market for safeties now that he has signed a three-year deal from Carolina for $21.7 million with a $7.5 million signing bonus. In addition, Reid has $1.95 million in incentives over the course of the deal. If it turns out not to be an outlier, the Packers might have to spend more in free agency if they want to take that route to find help for their depleted safety position.

Reid will have cap hits of $4.4 million for 2019, $8M ($5 million dead money) and $9.55 million in 2020 with $2.5 million dead, according to Sportrac. The deal has a one-year out of $9.4 million with $5 million dead, and a two-year out of $14.9 million with a $2.5 million dead money charge.…