Odds on Where Ed Reed Will Sign

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Ed Reed finally got his Super Bowl Ring in 2013 with the Baltimore Ravens, but the legendary safety isn't done yet.

Although he'll be 35 at the start of the regular season, Reed's leadership qualities, vast experience and instinctive ball-hawking skills will make him a hot commodity for legitimate contenders looking for that final piece.

Let's examine potential landing spots for the future Hall of Famer.

Indianapolis Colts

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The Indianapolis Colts have an abundance of cap room, and head coach Chuck Pagano was Ed Reed's longtime defensive coordinator with the Baltimore Ravens. 

Although the Colts are young and only a year removed from a complete organizational overhaul, they certainly aren't at the beginning stages of rebuilding now that Andrew Luck's under center. 

Ed Reed doesn't have five years left, but he could be a serviceable stopgap option at the safety position and would provide tremendous leadership to Indianapolis' defense. 

However, the Colts will likely be spending their money elsewhere in free agency. 

Percentage chance: 10

Denver Broncos

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Even after signing Peyton Manning to a five-year, $96 million contract last March, the Denver Broncos have money to spend on the free-agent market. 

If they release defensive end Elvis Dumervil, they'll have even more cap room. 

Rahim Moore and Mike Adams were tremendous during the regular season as the starting safeties, but Moore's gaffe in the divisional-round loss to the Baltimore Ravens could cost him his job in 2013. 

Reed's playoff experience against the AFC's finest would be enticing for the Broncos, who are undoubtedly in win-now mode.

Percentage chance: 15

Baltimore Ravens

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Just because the Baltimore Ravens have yet to work out a contract with Ed Reed doesn't mean he's a goner. 

According to the Baltimore Sun, the Ravens want to "re-sign both offensive tackle Bryant McKinnie and safety Ed Reed, but are likely to offer them incentive-laden contracts."

After losing Ray Lewis to retirement and Anquan Boldin to the San Francisco 49ers, Baltimore wouldn't want Reed to bolt in free agency. 

Then again, he may be in search of the most money possible on what likely will be his last NFL deal.

Percentage chance: 20

San Francisco 49ers

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This tweet from ESPN's Adam Schefter kicked off this speculation: 

If 49ers lose S Dashon Goldson, some around league expecting them to make push for free-agent S Ed Reed. Could be Reed and Boldin in SF.

— Adam Schefter (@AdamSchefter) March 12, 2013

Matt Maiocco of CSN Bay Area wrote the Anquan Boldin trade could "signal the end for All-Pro safety Dashon Goldson" due to Boldin's $6 million in 2013 base salary. 

If Goldson does indeed sign elsewhere, the 49ers will have a hole at safety and are legitimate Super Bowl contenders. 

Reed would be a fantastic signing for their vaunted defense, which was victimized down the field on occasion in the playoffs. 

Percentage chance: 25

New England Patriots

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The New England Patriots have a history of signing past-their-prime stars in an attempt to get one or two good years out of them before they call it a career. 

According to the Boston Globe, Reed said the following about Bill Belichick before the Super Bowl:

"I have so much respect for coach and what he’s about: his discipline and his structure of what he has, just how he came about being a coach, military background and everything.”

Per Fox Sports, Reed said:

"I could definitely play for coach Belichick. He is a great coach. I'm sure he can help me to expand my football knowledge even more as a player and as a coach, so if I'm ever able to be around him, just like I was at the Pro Bowl, it's huge."

The Patriots could use secondary help, especially at safety. 

With Tom Brady still leading an ultra-dynamic offense, New England remains a Super Bowl contender.

Percentage chance: 30