In an interview with Baltimore radio station 105.7 The Fan on Tuesday, Reed said he has contacted the Ravens about wanting a new contract.
"I'm not making it a big deal," Reed said, according to Baltimore-area media outlets. "I think it needs to be taken care of."
When contacted by the Baltimore Sun, the Ravens said they wouldn't respond to Reed's comments.
"I'm not going to ask the Ravens about anything if I'm not going to play any much longer," he said. "I appreciate the opportunity that the Ravens have given me. I'm not about to ask them for anything if I'm not going to be playing. My focus is to get myself back. I'm coming back for at least for one more year."
Reed makes a little less than $20 million over the final three years of a six-year contract that took effect in 2007, according to the Sun.
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