Reid signed with the Panthers on Sept. 28 as a midseason free-agent addition.
The Panthers have reportedly agreed to a three-year extension with veteran safety Eric Reid, according to NFL Network's Ian Rapoport.
The deal is worth $21,695,625, per Rapoport. Additionally, Reid received a $7.5 million signing bons and $10 million in total guaranteed money. He can push the total of his deal up to $23.65 million if he maxes out his $1.95 million in incenitives.
Reid, 27, appeared in 13 games (all starts) for Carolina last season after signing with the club as a free agent on Sept. 28. He recorded 71 tackles, defended five passes and recorded one interception.
Reid, a 2013 first-round pick of the 49ers, began joining former teammate Colin Kaepernick in protesting police brutality and racial inequality by kneeling during the national anthem in 2016.
Reid went unsigned throughout the 2018 offseason, making just one free-agent visit with the Bengals. The NFLPA later filed a grievance against the NFL on his behalf in a lawsuit alleging that team owners and the league colluded to prevent his employment because of his protests under the influence of President Donald Trump.