ESPN's Adam Schefter reports that the Eagles and head coach Andy Reid are "on the verge of finalizing a long-term contract extension" and the new deal could be announced as early as this week. Reid's current deal runs through the 2010 season.
The Eagles released a statement explaining that they are aware of the reports regarding Reid's contract. The organization has acknowledged earlier that it expects to extend his contract at some point in the near future. Beyond that, the organization has no further comment.
Reid said after the Eagles' 34-7 win over the Falcons that "I love it here in Philadelphia - the fans, the organization. I don't think there's a better organization in the National Football League." He would not provide any other comment on the status of any negotiations.
-- Posted by Chris McPherson, 4:46 p.m., December 6