Here's the story
It looks like the Steelers will place the Franchise tag on Snack and the Transition tag on Reed. KDKA just reported that Hampton will be given the Franchise tag if he is not signed to a new contract. Hampton's retainment has huge draft implications. With him brought back, our need shifts from the D-line to other positions, namely safety or offensive line.
Other eams can offer Reed a contract, but the Steelers have a right to match the offer, something I hope they would do.