Reed (calf) is practicing Thursday, Rob Demovsky of ESPN.com reports.
Coach Matt LaFleur apparently wasn't kidding when he said there was no long-term concern about Reed's calf injury -- the wideout is back at practice after missing just one day. Reed is locked in as Green Bay's slot man in three-wide formations, but there is some question about how much playing time he'll get in 12 personnel with two tight ends. The good news for fantasy managers is that Reed was a clear priority whenever he was on the field last year, drawing targets on a team-high 23.1 percent of routes and taking 11 carries for 119 yards and two TDs over 16 regular-season games. If that kind of usage continues (or improves), he'll stay relevant for fantasy even without the two-wide snaps.