Reed will continue to prepare for the first round of the College Football Playoff, per a Penn State spokesperson.
The top two seeds will meet Sunday night for a spot in the semifinals.
Baldwin notched his 700th career assist in the first half and now holds Penn State's single-game assist record with 16.
The Nittany Lions take on Creighton at 8:30 p.m. on Sunday, December 15.
Warren was announced as the John Mackey Award winner Thursday night.
The Nittany Lions advanced to the quarterfinals after falling to do so in their last two NCAA Tournament appearances.