The New Zealand international’s current deal at Upton Park expires in just a few months’ time, which has been a source of concern for the club.
Arsenal were one of many sides to have chased the centre-back in January, with numerous reports suggesting that a cut-price transfer was on the cards.
However, he stayed with West Ham, and has remained a key member of Sam Allardyce’s impressive Irons set-up.
And now ESPN claim that Reid is ready to put pen to paper on a fresh deal, with terms agreed to secure his stay for the long-term.
The classy enforcer signed for the club from FC Midtjylland in 2010 and has been a regular for the claret and blue side ever since, playing a key role in their promotion-winning Championship campaign in 2011/12.