Despite a clause that would guarantee $3 million of his contract for next year scheduled to go into effect on Feb. 6, the Philadelphia Eagles apparently aren’t in a hurry to make a decision on the future of quarterback Michael Vick.
According to Jason La Canfora of CBSSports.com, the guaranteed money is not a major issue to the Eagles and it’s unlikely his status will be resolved by then.
Per Jeff McLane of the Philadelphia Inquirer, there is a provision in Vick’s contract that allows the Eagles to take their time in making a final decision.
If the Eagles were to release Vick after Feb. 6, they would only owe money to Vick if he wasn’t signed by another team or if another team signed him for less than $3 million. With Vick scheduled to make $15.5 million in base salary next season it’s still unlikely Vick would remain in Philadelphia without a restructured contract.