Eagles Re-Sign Vick To 1-Year Deal
the Eagles have signed Vick to a re-structured contract: a one-year deal for 2013. it’s a win-win deal. If the Vick-Chip Kelly offense succeeds, they can get another deal worked out for future seasons; if not, it’s an easy break-up after the 2013 campaign.
The bigger impact may be on the non-Philadelphia teams that are looking for a new QB option this offseason (Arizona, Buffalo, Cleveland, Jacksonville, Kansas City and the Jets): the supply of viable, starting-caliber quarterbacks has now been reduced by one, upping the value of players like Alex Smith and Matt Flynn in trade, and perhaps the contract offers for a player like Matt Moore, who isn’t a franchise-altering passer, but a proven commodity as a pro. This could also increase the chances that a QB is drafted by one of these passer-needy teams in the first round this April.
Mike Vick deal according to ESPN Business Analyst Andrew Brandt goes as follows; $3.5M signing bonus, paid by 4/15 $3.5M salary 500k roster bonus 500k 50% playtime $1M 90% playtime $1M SB win.