Michael Vick restructures contract, will remain an Eagle in 2013

Vick restructures contract, will remain an Eagle in 2013

2/11/13 in NFL   |   Matthew_Shovlin   |   735 respect

Blog Photo - Michael Vick restructures contract, will remain an Eagle in 2013Michael Vick and the Philadelphia Eagles have restructured the $100 million deal that Vick signed in the summer of 2011, and have agreed upon a one-year deal worth up to $10 million. Vick was considered a certainty to be released if his contract was not restructured, as he was set to make $15.5 million in 2013 and had four years remaining on his deal.

Vick remaining in Philadelphia allows one of the more versatile, athletic quarterbacks to play in the system of one of football's most creative minds in head coach Chip Kelly. We can't say for sure whether or not signing Kelly and Vick will make the Eagles better, but it is certain to make them one of the NFL's most intriguing, entertaining teams.

It's not yet known how much of the $10 million is guaranteed, or how Vick could earn the full amount, but he has to feel pretty good about the money, as he could have hit the open market and easily gotten good money somewhere else.

Although Vick's contract suggests that the Eagles plan on him being their starter (that's an expensive backup), Chip Kelly stated very clearly that there will be an open competition for the starting quarterback job. "There's an open competition," were Kelly's exact words.

Vick's primary competition in the position battle will be Nick Foles, who started six games for the Eagles as a rookie in 2012, putting up a 79.1 quarterback rating. The Eagles are also expected to pick up Dennis Dixon, who Kelly coached back in his days at the University of Oregon. Barring injuries, Dixon doesn't have a very realistic chance of starting.

You may recall that, about a month ago, some of the league's most reliable reporters were considering Vick a lock to be cut by the Eagles within days after the Super Bowl. Nothing in this league is ever as sure as it seems.
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