I like Butch but he got it wrong about Reed. As you say, he was clearly taking the piss out of himself.Butch is paid to lick the Europeans arses.
Reed was having a laugh and applauded the fans straight away for what was no more than a bit of banter - as they say nowadays. You have to have a pantomime villain and Reed plays it well. Thomas did it as well but they can walk the walk.
Thought it was a nice touch as he'd being having the "shhhh" banter with the crowd earlier in the tournament.