Michael Vick, Eagles Negotiate New Contract

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Michael Vick took a $5.5 million pay cut to remain in Philadelphia for the 2013-14 season.

Michael Vick is still the man in Philadelphia. Earlier today, the Eagles signed Vick to a new one year contract to remain as the franchise’s starting quarterback. Vick will be the center of a new, remodeled offense for Philadelphia under first year head coach Chip Kelly, who arrived in Philadelphia after coaching the University of Oregon for four seasons.

Vick has had his share of headlines in the NFL. The former Virginia Tech QB was selected by the Atlanta Falcons with the first overall pick in the 2001 NFL Draft. After four season of dynamic playmaking with the Falcons, Vick earned a ten-year, $130 million dollar extension in 2005. Two years later, Vick was charged with felonies in an interstate dog fighting ring he operated out of his Virginia home. Vick was ordered to pay back more than $20 million in salary bonuses to the Atlanta Falcons, and served 23 months in federal prison.

In 2009, the Eagles took a chance on Vick out of prison and signed him to a 1 year, $1.6 million deal. After the departure of longtime Eagles QB Donovan McNabb and prospect Kevin Kolb, Vick assumed the starting role. In two seasons as the Eagles’ starter, Vick has thrown for 6,321 yards, scoring 39 touchdowns and throwing 20 interceptions. A dynamic mobile quarterback, Vick has also run for more than 1,200 yards and ten touchdowns. In August 2011, Vick and the Eagles agreed to a 6 year, $100 million dollar contract.

The new contract will replace the $100 million dollar deal signed in 2011. Vick will earn about $10 million this season, down from the $15.5 million in base salary he would have earned under the old contract. More importantly, the Eagles retain the type of player essential for success with Chip Kelly’s offense.

Kelly will bring a high-powered, no-huddle, speed-oriented offense to Philadelphia. His Oregon teams were known for their speed and explosiveness, especially from quarterbacks like Dennis Dixon and Marcus Mariota, and running backs like LaMichael James and Kenjon Barner. Vick provides the speed and mobility at QB, and with versatile athletes like LeSean McCoy, Jeremy Maclin, and Desean Jackson surrounding him, look for Vick to lead the Eagles on plenty of scoring drives this season. Philadelphia got their new coach, and now they have the perfect quarterback to run the offense.

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