Reed eventually made his season debut in Week 3 against the Ravens in a 30-9 loss to his former team. Six weeks later, he was benched from the starting lineup and replaced by Shiloh Keo.

Reed recently admitted that he wasn't the same player.

“I'm held to a high standard because of what I've done in the past, but that was the past,” Reed said. “I'm a totally different player now. Even when I did go out there, the ball didn't come my way.”

Reed intercepted four passes during the regular season  last season, and added one during the Ravens' Super Bowl XLVII victory over the San Francisco 49ers, a game played in New Orleans near his hometown of St. Rose, La. Instead of retiring like his long-time teammate Ray Lewis after the season, Reed continued his career with the Texans.

Any team that claims Reed would owe him $411,000 in remaining base salary this year in addition to a $62,500 per game roster bonus for the remainder of the season. So, he may go unclaimed off waivers.

He's due nonguaranteed base salaries of $4 million in 2014 and $5 million in 2015.

For those reasons and Reed's decline in play, if a team wants him, it's more likely they would work out a veteran minimum contract for this year along with incentive clauses.

Drafted out of the University of Miami, Reed leads all active players with 61 career interceptions.

“Ed was a great football player with special instincts,” Johnson said. “Something good always happened for him when he was around the ball.”