Reitz received an original round tender from the Colts a few months ago and will now make $1.431 million for the 2014 season.
Reitz, 28, signed with the Baltimore Ravens as an undrafted free agent out of Western Michigan back in 2008. He would later be claimed off waivers by the Colts and has spent the past three years in Indianapolis.
Last year, appeared in 13 games for the Colts played a total of 149 offensive snaps. Pro Football Focus had him rated as the No. 44 guard in the league in 2013.