Redskins Sign Jordan Reed To 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.

"Honestly, I don't want to be anywhere else than here," Reed said Thursday. "I love it here. I love playing for the Redskins. I love all my coaches and all my teammates. I love this area, man. They gave me that deal, and I took it. It was a solid deal, and I'm just happy to be a Redskin."

Durability has always been an issue with Reed. He missed a combined 12 games his first two seasons, but he appeared in 14 last year after undergoing a more rigorous offseason training regimen that he said has continued this year.

"It means a lot that the Redskins invested that kind of money into me and think that highly of me as a player and as a person," Reed said. "That means a lot to me. I'm going to show them that they made a good investment, and I'm going to prove them right in making me one of the highest-paid [tight ends]."

The new deal keeps Reed with the Redskins through the 2021 season.

Marshawn Lynch Era Officially Over

The Marshawn Lynch era in Seattle is officially over. The running back announced his retirement during the Super Bowl in February, but he remained on the Seahawks' roster until Thursday, when the team announced it had placed him on the reserve/retired list.

Lynch's contract originally carried a cap hit of $11.5 million for 2016, but with this transaction, that number shrinks to $5 million, essentially creating $6.5 million in cap space for the Seahawks.

The past three months have been eventful for Lynch. He went to Egypt as part of the American Football Without Barriers program. He hung out with Bill Clinton in Oakland. And he joined Cliff Avril on a trip to Haiti, where they built an elementary school, hosted a mobile medical clinic and ran a youth football camp.