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Michael Vick, Eagles agree on restructured one-year deal

Michael Vick

Philadelphia Eagles’ Michael Vick walks the sidelines in the first half of an NFL football game against the Cincinnati Bengals, Thursday, Dec. 13, 2012, in Philadelphia. (AP Photo/Michael Perez)

AP

The Eagles didn’t cut quarterback Michael Vick before the February 6 deadline that guaranteed $3 million of his 2013 salary and it doesn’t look like they’ll be cutting him at any other point either.

A release from the team on Monday announced that Vick and the Eagles have agreed on a new one-year deal that will keep Vick in town for Chip Kelly’s first season as the head coach in Philadelphia. There are no financial terms revealed at this point, but it seems safe to say that the Eagles won’t be paying the $15.5 million that Vick was set to receive under the terms of the six-year deal he signed with the team before the 2011 season.

There have been varied reports about Kelly’s interest in working with Vick, but this news suggests that Kelly sees at least the potential for Vick to succeed in his offensive scheme. If Vick can rebound after two rough seasons, the Eagles will likely continue the relationship beyond this season. If not, they’ll split up without any further ado.

In the release, the Eagles say Vick will compete for the job with Nick Foles. They also don’t rule out more competition being added through free agency or the draft. The Eagles answered one question Monday, but there are sure to be many more asked in the days and weeks to come.