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Report: New Steelers OLB Malik Reed Agreed To Reworked Contract As Part Of Trade

The Pittsburgh Steelers acquired outside linebacker Malik Reed via a trade with the Denver Broncos on Tuesday and there is now an interesting development related to that transaction.
According to Field Yates of ESPN on Friday, upon being traded to the Steelers, Reed agreed to a reworked deal that now includes a base value of $1.5 million.

Upon being traded to the Steelers, OLB Malik Reed agreed to a reworked deal with a base value of $1.5M (down from $2.433M).

Reed had 13 sacks over the past two seasons and projects as a 3rd OLB for Pittsburgh.