The Bears signed Reed to the practice squad Wednesday, Adam Schefter of ESPN reports.
Reed was unable to beat out Tyson Bagent for the backup quarterback job behind Caleb Williams. However, Reed will stick around on the practice squad and will serve as the emergency quarterback unless Chicago picks up another signal caller before Week 1 against Tennessee.
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Austin Reed: Intends to sign with Chicago
Rotowire
Reed is slated to sign with the Bears as an undrafted free agent, Tom Pelissero of NFL Network reports.
Reed (6-foot-2, 220 pounds) had a borderline late-round/UDFA draft grade by most analysts, but the sixth-year senior out of Western Kentucky ultimately didn't have his name called Saturday afternoon and will head to Chicago, where he'll slide in on the depth chart behind No. 1 overall pick Caleb Williams, Tyson Bagent and Brett Rypien. Reed completed 63.2 percent of his college throws for 8,086 yards, 71 touchdowns and 22 interceptions.