Vick’s real deal? Five years, $80 million, $35.5 million guaranteed

AP

We’ve gotten our hands on Mike Vick’s new contract numbers.  As expected, it’s not nearly as good as advertised.

For starters, the sixth year voids if he participates in 35 percent of the snaps in any year of the deal.  It’s actually a five-year, $80 million deal.

Of the amount, $32.5 million is fully guaranteed, and $3 million is guaranteed for injury only.

That makes the total guaranteed $35.5 million — $4.5 million less than the reported guarantee of $40 million.  (It’s also less than the guaranteed money Vick would have received in 2011 and 2012, if the Eagles had used the franchise tag on him again in 2012.)

Vick can earn another $3 million if the Eagles win the Super Bowl in 2011 or 2012, and if Vick participates in 77.5 percent of the plays during the regular season.

Under the five-year deal, he’ll make $20 million in 2011, $12.5 million in 2012, $15.5 million in 2013, $15.5 million in 2014, and $16.5 million in 2015.

So it’s still a great deal, and as a practical matter it’s probably worth $48 million over three years.  But it’ll never pay out $100 million because there’s no way that the Eagles would keep Vick for all six years if he never takes more than 35 snaps in any single season of the deal.

91 responses to “Vick’s real deal? Five years, $80 million, $35.5 million guaranteed

  1. I don’t understand why the Eagles would even put in a option for a sixth year with a stipulation like that.

  2. So we can basically discredit the 80 million part.. this contract is for 35.5. that investment isn’t that crazy. You figure the 35.5 is all they will need to muster up if for some reason they are unhappy with his style of play or conduct at all..

    IF he plays the full 5 years, that would mean that Vick is living up to the expectations and to the hype of being in the top 3-5 paid QBs.

    so can we stop all the nonsense of what a collasal deal this is and what a terrible risk the eagles are taking (financially of course).

    & Giants stink,

    good day all.

  3. Congrats to Mike Vick, his one year of success (so far) certainly earned him some recognition. However, unless he learns to read defenses he won’t live up to that contract, and I’d have to say it’s 70-30 on him never really learning to read a defense.

  4. Wait is this for the real Micheal Vick or the White Vick that ESPN promoted. ESPN always has/had dumb people working for them.. They have Chris Berman, Chris Carter (Aka Calvin Johnson is not Top 5 receiver) had Sean Salisbury & Mel Kiper and Todd McShay (great talent evaluators and football gurus that never coached or played a down of football)

  5. “Vick can earn another $3 million if the Eagles win the Super Bowl in 2011 or 2012, and if Vick participates in 77.5 percent of the plays during the regular season.”

    That’s 2 separate $3M bonuses?

  6. ” We’ve gotten our hands on Mike Vick’s new contract numbers. As expected, it’s not nearly as good as advertised. ” ……..

    Neither is Mike Vick ….. The Feagles will lament this contract sooner rather than later …..

    It’s going to be difficult to bench Vick because of this contract ….. As a result, the Feagles will win maybe 9 & finish out of the playoffs ….. Watch the Kolb fans start to emerge when the Feagle’s season starts to go south …… It will happen ……

  7. Mike’s deal came through the “spin” cycle looking good at $100 mil. Once it hit the “slice and dice” cycle, some rapid shrinkage occurred.

  8. dawkinseffect says: Aug 30, 2011 4:16 PM

    so how does this change the cap room? we need to sign Jackson!

    **********************************************************

    Doesn’t matter ..

    Jackson has a contract . . .he will be franchised next year, if it isn’t done by then.

    Stop with this contract nonsense.

    **********************************************************

    But it’ll never pay out $100 million because there’s no way that the Eagles would keep Vick for all six years.

    ——————————————–
    Uhh ..No kidding.

    Mike it was NEVER supposed to last 6 years.

    3 years at $16 mil per year.
    easier cap-room . . same $$$ as any other QB at his level.

    Let’s go F.A Shopping

    Go Eagles Go !

  9. I really think everyone forgets how poorly he performed at the end of the season last year, and all those years in ATL… Philly needs to wake up and smell the roses on this guy. They need to sprinkle some fairy dust somewhere else and embrace reality… Maybe invest in the O-line and linebackers.

  10. I thought the new CBA only allowed the teams to use the Franchise Tag on a player once. Which would make this deal have more guaranteed money than the single franchise tender

  11. @RDM, from my understanding Vick needs to do both. So if the Eagles win the Super Bowl, but Vick only plays 8 games for example, he doesn’t get the $3M.

  12. It’s still farrr too much and extremely ill-advised. The Eagles will suffer the effects of this terrible deal, and the Nnamdi deal, for years and years to come. It essentially makes their window much smaller. Nnamdi is great, but will be worth his deal maybe 1-2 years, maybe. He is not young. And Vick showed his true colors at the end of the season last year, that’s who he is…that’s who he will always be. An inaccurate, flustered, athletic QB. He will win some games, he will lose some, and he will miss some. Nothing special, but is exciting.

  13. Mike Vick likes to run the football. A great Fantasy Football Player.I am afraid this is a riskly deal. Do the eagles have a good backup quarterback.

  14. zidanevalor says: Aug 30, 2011 4:20 PM

    I don’t understand why the Eagles would even put in a option for a sixth year with a stipulation like that.

    What is there not to understand? He stays healthy, he gets rewarded. Also a good way of making him slide instead of taking the hit.

  15. phillycass says: Aug 30, 2011 4:40 PM

    I really think everyone forgets how poorly he performed at the end of the season
    ****************************************************************

    this is the most idiotic response so far.

    His previous season high as far as completion percentage was 56.4%, while last year it was 62.6%.

    That is the sixth biggest increase over a previous season’s best completion percentage since the merger.

    with the others being Steve Bartkowski, Jim Hart, David Carr, Archie Manning & Jim Plunkett.

    Vick’s ” 6th best completion percentage ” since the merger. – isn’t good enough for you ?

    Do you have a clue . . . The AFL–NFL merger of 1970 ?

  16. So it’s still a great deal, and as a practical matter it’s probably worth $48 million over three years.

    ——————————————————————-

    So only $16 million a year for a guy that can’t read defenses. I see what you mean by “great deal”.

  17. Best part is, he could stink it up or get hurt. Eagles really don’t know what they have in him.

    PS – DeSean Jackson is loving life.

  18. 23tarheel23 says:
    Aug 30, 2011 4:27 PM
    I don’t remember you guys being this concerned about Peyton Mannings contract.
    __________________________

    Thats because Peyton Manning is a completely different level of talent. He is ELITE.

    Vick is serviceable, there is a huge difference.

  19. phillycass says:
    Aug 30, 2011 4:40 PM
    I really think everyone forgets how poorly he performed at the end of the season last year, and all those years in ATL… Philly needs to wake up and smell the roses on this guy. They need to sprinkle some fairy dust somewhere else and embrace reality… Maybe invest in the O-line and linebackers.

    ———-
    Im guessing your talking about that game where he was 1 pass away from beating the super bowl champion packers?

  20. $16 million per season = $1 million per game over a 16 game season. $16,666 per minute of a 60 minute game!

  21. I don’t remember you guys being this concerned about Peyton Mannings contract.

    ———————————————————————-

    What’s your point?

  22. Vick’s ” 6th best completion percentage ” since the merger. – isn’t good enough for you ?

    —————————————————————–

    Say what? Four of Romo’s six seasons he had a higher completion percentage than that.

  23. Top notch QB

    ——————————————————————–

    Oh, now you got jokes.

  24. Why is it ?

    the EAGLES are so good at making it look so easy.

    melonnhead says:
    The Eagles are,simply the very BEST there is !

    So true !!!

  25. Congrats to Mike Vick, his one year of success (so far) certainly earned him some recognition.

    ———————————————————————

    You know, it’s funny. If undrafted Tony Romo had a season like #1 overall draft pick Michael Vick had last year everybody would be talking about how bad he sucks. But since it’s Michael Vick, it was a “success”.

    How do I know this? Because it’s already happened. Rush Limbaugh was right.

  26. Im guessing your talking about that game where he was 1 pass away from beating the super bowl champion packers?

    —————————————————————————–

    You could give him that last terrible throw back and the Eagles would have still been 4 points down. They’d have had another chance, though. But Vick pretty much threw that out the window with a terrible first down throw to a scrub WR that was covered like a blanket by a Pro Bowl cornerback.

  27. destroyedbydansnyder says:Aug 30, 2011 4:48 PM

    23tarheel23 says:
    Aug 30, 2011 4:27 PM
    I don’t remember you guys being this concerned about Peyton Mannings contract.
    __________________________

    Thats because Peyton Manning is a completely different level of talent. He is ELITE.

    Vick is serviceable, there is a huge difference.

    So a pro-bowler and runner up at league MVP last year is “serviceable”. I guess that makes Tom Brady “above average” since he won the MVP last year.

  28. “Im guessing your talking about that game where he was 1 pass away from beating the super bowl champion packers?”

    *******************************************

    No i’m guessing he is talking about how they lost there last 3 games all at home, 2 in the regular season to the Vikings(6-10) and Cowboys(6-10), which dropped them to the 3 seed instead of the 2.

  29. Not a Vick Fan, and not a Eagle fan but I think this is a pretty good deal for both sides. Basically a 35mill guaranteed contract for a guy that CAN make plays at quarterback. In the past there were plenty of higher guaranteed contracts given out to kids that never stepped onto an NFL field. Another crit I see a lot is missed playing time due to owies. Believe it or not somewhere around 85% of starting quarterbacks missed playing time due to injury last year. So you could pretty much use that for any of them!

  30. 23tarheel23 says:
    Aug 30, 2011 4:27 PM
    I don’t remember you guys being this concerned about Peyton Mannings contract.

    ————————–

    Funny joke, dude. Peyton Manning is a Super Bowl winning QB who makes the Colts a perennial Super Bowl contender. He’s also one of the best to ever play the game. I’d say he’s worth every penny.

    One year of spectacular play after a string of mediocrity and criminal activity are quite different circumstances.

  31. jpennjr says:
    So a pro-bowler and runner up at league MVP last year is “serviceable”. I guess that makes Tom Brady “above average” since he won the MVP last year.
    ————————————-
    No, No…… Tom Brady is also ELITE.
    But who talks about the runner-ups? Just you.

    But that does make you an idiot for making the comparison. 🙂

  32. Okay to all the haters….especially those that keep spewing the “vick was exposed during the last games of the season….Here is he avg stat line (don’t feel like doing it for every game) for those 6 games (including the playoff loss)….

    Vick avg. 22-36 (61% comp) 283 yards 1.8TD 1.2INT 8.8 car 55yards and .83 TD’s over that 6 game strecth.

    Now to those that don’t understand stats this reads 2 Passing 2td’sone rushing td and 1 int a game with the possibility of another FG. 24 points just from Vick alone. Keep hating I smell the fear especially from the rest of the NFC east fans.

    Also take a look at that last pass to Cooper again on Youtube. Cooper had the same chance to make a play on that ball as the CB did he just didn’t (or the fact that he had a hand in his chest prevented him from it) if Riley makes that play (and I know IF) then the Eagles would have definitely been in the SB. So until 09.11.2011 I will be silent…..But afterwards…ALL HELL BREAKS LOOSE ON THE HATERS!

    GO EAGLES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  33. The 6th year was structured in a way to help Vick with his personal finances. Vick has $19 mil in debt from bankruptcy. If he doesn’t fulfill all six years, he won’t have to repay all of his debt.

    Smart move @MikeVick

  34. Man whats that line? Haters always hate. LOL why so mad because that man is getting paid, you guys act like your paying him.

  35. Ahhh, the hate is music to my ears!

    Keep hating, haters. Most of you don’t even post in your teams threads anymore.

    I barely see hatred or trolling in Giants or Redskins threads.

    Your hate just reminds us we’re the team to beat in the NFC East.

  36. What did Donald Southerland say when they looked at the Nazi gold in the movie Kelly’s Hero’s?

    WOOF WOOF…..

  37. All you people saying the Eagles will regret this deal should correct your comments from something like this…

    “Eagles will regret this”

    To this…

    “I hope the Eagles regret this because I hate them”

    Their fixed…

  38. melonnhead says: Aug 30, 2011 4:47 PM

    So only $16 million a year for a guy that can’t read defenses. I see what you mean by “great deal”.

    I think he read the defense fine when he throw the 91 yard touchdown to Desean Jackson. You could make the argument that he struggled reading GOOD defenses.

  39. eaglelover1 says:
    Aug 30, 2011 5:40 PM
    Okay to all the haters….especially those that keep spewing the “vick was exposed during the last games of the season….Here is he avg stat line (don’t feel like doing it for every game) for those 6 games (including the playoff loss)….

    Vick avg. 22-36 (61% comp) 283 yards 1.8TD 1.2INT 8.8 car 55yards and .83 TD’s over that 6 game strecth.
    ———————————————-

    I’ll play. Aaron Rodgers doesn’t have a 100 mill contract, he’s won more SB’s than Vick as well. In looking at the last 6 games (counting the play offs).

    His average in those 6 games is

    AVERAGE per game: 22.3-32.8 (68%), 287.83 yards, 2.3 TD’s (pass), .5 TD’s (rush) .5 INT’s, (yeah that’s 1/2 of an INT per game), 16.83 yards a game rushing. 1.0 Lombardi’s per SB.

    Stats are what they are. I’d take Rodgers in a second over Vick and so would the Eagles. Except the Packers have him 30 million cheaper and 4 years younger….

    If you wanna go NFL career wise –

    Vick is a 55% passer, 98 games with an average of 149 yds a game (14609 yards) with an over all rating of 80.2 – Aaron’s a 64% passer, 54 games with 235.6 yds a game (12,723 yards, if he played as much as Vick – it would be 23,088 yards that’s a huge difference. ) with a career rating of 98.4 Which I believe is the best in the history of the NFL with the min amount of attempts needed to count.

    Wish people would stop with the “Vick is the best thing since electricity” vibe. Simply put – he isn’t. Not by a LONG shot.

  40. I think he read the defense fine when he throw the 91 yard touchdown to Desean Jackson. You could make the argument that he struggled reading GOOD defenses.

    ———————————————————————–

    Yeah, congrats on winning your equivalent of the Super Bowl by beating a 6-10 team by three points. Unfortunately for you and Michael Vick, a season is 16 games long.

  41. Now the important question:

    Under the rules of his bankruptcy case – How much of that guaranteed money can he actually keep?

    He would have been better off signing a contract with the Eagles that will pay him all his money in 2016…

  42. leftysmoke says:
    Aug 30, 2011 5:36 PM
    23tarheel23 says:
    Aug 30, 2011 4:27 PM
    I don’t remember you guys being this concerned about Peyton Mannings contract.

    ————————–

    Funny joke, dude. Peyton Manning is a Super Bowl winning QB who makes the Colts a perennial Super Bowl contender. He’s also one of the best to ever play the game. I’d say he’s worth every penny.

    One year of spectacular play after a string of mediocrity and criminal activity are quite different circumstances.
    =============================

    Exactly. But if your team spent 5 years going to NFC championship games w/1 SB appearance & had nothing to show for it, you’d give standing ovations & all your faith to an ex-con, animal torturing, disease spreading, pathological liar too.

    ANYTHING for that championship right Philly? ABSOLUTELY ANYTHING!

  43. Also take a look at that last pass to Cooper again on Youtube. Cooper had the same chance to make a play on that ball as the CB did he just didn’t (or the fact that he had a hand in his chest prevented him from it) if Riley makes that play (and I know IF) then the Eagles would have definitely been in the SB.

    ———————————————————————-

    I wanna play this game! If one or two plays during the season end up different, the Eagles don’t even make the playoffs!

  44. So a pro-bowler and runner up at league MVP last year is “serviceable”. I guess that makes Tom Brady “above average” since he won the MVP last year.

    ——————————————————————

    Tom Brady is certainly above average!

  45. He’s actually only making $13 million base salary in 2011. There’s a $7 million signing bonus that’s pro-rated over 5 years. His 2011 cap hit is $14.4 million. All of these figures came from Spotrac.com

  46. I think he read the defense fine when he throw the 91 yard touchdown to Desean Jackson.

    ———————————————————————

    You know at the time I thought that was a lucky play on an otherwise typically bad day for Vick so I went to check the stat line and this is what I found.

    Take away that one play and Vick was 15 of 25 for 179 yards, 1 TD and 2 INTs. That’s a passer rating of 61.9.

    So yeah, congrats on that one play that was 95% Desean Jackson 83 yard run and 5% Michael Vick 8 yard pass. That’s certainly worth $16 million a season.

  47. Stinkin cheap management and owners. Never spend any money on top talent. Oh, wait a minute. Nevermind.

  48. They overpaid for a guy who had a comeback year, but hasn’t really shown he can consistently play good football. It’s amazing that the memories of so many people, especially the Eagles’ front office, are so short that Vick’s value would climb this high.

  49. Wait…….I thought the NFL owners said they were going broke? Wasn’t that what the lockout was about?

  50. Hey, the man got paid. Live with it.

    Of course, in 5 years when he ain’t got the quicks anymore I fully expect him to get beat, strung up, drowned, and/or electrocuted.

    Until then, I’ll enjoy his highlight reel plays.

  51. destroyedbydansnyder says: Aug 30, 2011 5:38 PM

    No, No…… Tom Brady is also ELITE.
    But who talks about the runner-ups? Just you.

    But that does make you an idiot for making the comparison. 🙂

    ——————–

    You’re right. The Steelers are a crap organization, because they came in #2 in the Superbowl. The Patriots are a super-crappy organization, because they didn’t even make it to the AFC Championship game.

    As you know, one team/person gets to be the champion, and everyone else is just an idiot for cheering for runner-ups.

    Really, I’m surprised how some of you can even turn your computers on, let alone use a keyboard to post.

  52. melonnhead says: Aug 30, 2011 7:26 PM

    You know at the time I thought that was a lucky play on an otherwise typically bad day for Vick so I went to check the stat line and this is what I found.

    ——————-

    The best part is the amount of time you spend looking up stats, which I’m sure isn’t so great relative to the entire day, but is way more effort than the other guy put into posting.

    The Philadelphia Eagles: Owning your headspace since at least 2009.

  53. So does this mean, the media can stop talking about how this was a risk? He got a little less than he would have gotten over the next 2 years under the franchise tag. Oooohhhh….that’s SOOOOOOOOOOO risky../sarcasm

  54. They overpaid for a guy who had a comeback year, but hasn’t really shown he can consistently play good football. It’s amazing that the memories of so many people, especially the Eagles’ front office, are so short that Vick’s value would climb this high.
    ——————————–

    Overpaid? Hardly. Vick is getting just a little more than two years of the franchise tag. And it’s not just about his performance last year. It’s about what they see out of him and growth as a QB. I never liked him in Atlanta, but damn…this guy has changed his game ( and so far, his life). Most of the time his accuracy is actually pretty sick. His motion is incredibly natural. He flicks his wrist and it goes 70 yards. And clearly his mobility is unchallenged in today’s NFL. My only concern is his durability.

    Oh. And he doesn’t laugh when he throws a pick and throw his team under the bus when they lose.

  55. You’re right. The Steelers are a crap organization, because they came in #2 in the Superbowl.

    ———————————————————————

    Noooooooooooot exactly. See, they’ve done better than #2 in the Super Bowl. They’ve done it six times, in fact. There are plenty of teams that have hit the glass ceiling at #2 in the Super Bowl. Of course the Eagles are one of those teams. They have done it twice. As have the Bengals. So that’s another thing the Eagles have in common with the Bengals.

  56. Overpaid? Hardly. Vick is getting just a little more than two years of the franchise tag.

    ———————————————————————

    That’s what he said. Overpaid. Were you thinking that the franchise tag was some sort of bargain?

  57. Oh. And he doesn’t laugh when he throws a pick and throw his team under the bus when they lose.

    ———————————————————————–

    But he DOES dabble in illicit drugs, torturing dogs, commiting federal crimes and infecting unsuspecting women with a scorching case of herpes from time to time.

  58. The best part is the amount of time you spend looking up stats, which I’m sure isn’t so great relative to the entire day, but is way more effort than the other guy put into posting.

    ——————————————————————–

    It’s not like i’m flipping through stacks of books. Don’t be mad because I know how to use the internet effectively. Be mad that you can’t come up with anything but lame-one liners in your defense.

    By the way, Cowboys are 4-1 against the Eagles since 2009. Including playoffs. I didn’t have to look that one up.

  59. Remember that season when Vick threw for 3100 yards or the one when he threw 22 TDs? Don’t feel bad, nobody else does either.

  60. You know, it’s funny. If undrafted Tony Romo had a season like #1 overall draft pick Michael Vick had last year everybody would be talking about how bad he sucks. But since it’s Michael Vick, it was a “success”.

    __________________________________

    @melonnhead – in case you missed it…check the stats…Tony Romo has never in his entire career had a rating to match Vick’s last year. I’m not making comparisons of careers at QB, none of that crap, but when you make a statement like that you better be able to back it up…and it sure looks like it would’ve been Tony Romo’s best statistical season that he ever had…not one in which people would’ve talked about “how bad he sucks.” Get it straight you joker.

  61. Also @ melonnhead – you’re responsible for 16 of the 86 posts on here…about a team you don’t follow…get a life man…seriously…

  62. I think he read the defense fine when he throw the 91 yard touchdown to Desean Jackson.

    ———————————————————————

    You know at the time I thought that was a lucky play on an otherwise typically bad day for Vick so I went to check the stat line and this is what I found.

    Take away that one play and Vick was 15 of 25 for 179 yards, 1 TD and 2 INTs. That’s a passer rating of 61.9.

    So yeah, congrats on that one play that was 95% Desean Jackson 83 yard run and 5% Michael Vick 8 yard pass. That’s certainly worth $16 million a season.
    ———————————————————-

    @melonhead
    Where did you get that stat from…first mike attmpted 27 other passes that game and completed 19 of them (taking away the first pass) and his yardage was 250 yards 3TD and 2 rushing TD…… I will tell what stand up, put the glass down and pick up the gun and put it where the glass was, now sat I will not hate 3 times and pull the trigger….. there you have now saved yourself from having to comment on another Eagles thread AGAIN!!!!!!!!!

  63. @melonhead, there are 89 comments on this article, and at least are written by you, I guess that is why you refer to yourself as “melonhead” you surely couldn’t have thought of a better name. Be careful your jealousy is beginning to show.

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