Reed reportedly has signed a three-year deal worth $15 million, with $5 million guaranteed.
The move ends Reed’s 11-year run with Baltimore, and represents another loss for a team that has plenty of talent walk out the front door since beating San Francisco in Super Bowl XLVII.
Reed, 34, made $7.2 million last season with the Ravens.
“I came here to win a championship,” Reed said at a press briefing on Friday (video here).
He was the NFL’s top defensive player in 2004 and is Baltimore’s franchise leader in interceptions with 61.
His 1,541 return yards off of those INTs is a league career record and Ed Reed is the sole player to score on a punt return, a blocked punt, an interception and a fumble recovery.
This offseason, the Ravens have traded receiver Anquan Boldin to the 49ers, lost linebackers Paul Kruger and Dannell Ellerbe and cornerback Cary Williams in free agency.
The team also released safety Bernard Pollard, who eventually signed with Tennessee.
Star linebacker Ray Lewis retired at the end of the season and now works for ESPN.
Ravens’ GM Ozzie Newsome and head coach John Harbaugh each issued statements on Friday to bid Reed farewell.
“Our hope is that the Hall of Fame players we drafted could play their entire careers with us, but we understand why Ed is moving on to the Texans,” Newsome said. “He’s not the first Hall of Famer to move to another team. Tony Gonzalez is playing with the Falcons. Joe Montana played with the Chiefs. Shannon Sharpe and Rod Woodson played for the Ravens.
“How fortunate we were to have Ed with us for 11 seasons. He is one of the Ravens’ and NFL’s all-time greats. Words cannot measure what he did for us, including helping us win a second Super Bowl. We thank him for all he did for Baltimore. Ed will always be a part of the Ravens family.”
Said Harbaugh, “Ed has had a major impact on our organization and our community. He is a great player and a great friend. We will always be thankful for what we accomplished together.”