The 42-year-old BBC Breakfast host is said to be "thrilled" at the chance to compete on the popular BBC dancing contest, according to The Mirror.
Reid has already had a taste of the dancefloor in 2011, when the newsreader raised money for Children in Need with a special one-off performance alongside Sophie Raworth, Emily Maitlis and Sian Williams.
Vanessa Feltz has already confirmed she will take part in this year's competition.
A total of 15 celebrities made up of eight women and seven men will take part in the 11th series of Strictly.
Strictly Come Dancing returns on Saturday, September 7 on BBC One.
Strictly Come Dancing rumoured lineup: »
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