Bloomberg News

Vick, Eagles Agree to Contract That May Be Worth $100 Million

August 30, 2011

Aug. 30 (Bloomberg) -- Quarterback Michael Vick agreed to a six-year contract with the Philadelphia Eagles that places him among the National Football League’s highest-paid players just over two years after he left prison.

The deal may be worth $100 million and guarantees the 31- year-old Vick about $40 million, the Associated Press reported, citing an unidentified person familiar with the negotiations. The Eagles didn’t disclose financial terms in a statement.

Vick was the NFL’s top-paid player with a 10-year, $130 million contract in Atlanta before his role in an interstate dog-fighting ring landed him in jail for 18 months. He signed with the Eagles in August 2009 and last year was named the NFL’s Comeback Player of the Year after taking over as the starter and accounting for 30 touchdowns in 12 games.

“It’s a product of all the hard work Michael has done to better himself over the last couple of years, both on and off the field,” Eagles coach Andy Reid said of the new contract on the team’s website. “There’s a lot of work yet to be done by him and this team as a whole, and there’s no doubt in my mind that he’ll continue on that path.”

The Eagles designated Vick as their franchise player before the NFL lockout and had until Sept. 20 to sign him to a multiyear contract.

Vick’s initial contract with the Eagles was worth $1.6 million with an option for the second year at $5.2 million, FoxSports.com reported at the time.

Starting Quarterback

After having a limited role in his first season in Philadelphia, Vick was named starting quarterback for the Eagles last September, when the team was 1-1. He led the Eagles to a 10-6 record and first place in the National Football Conference East Division last season, before a 21-16 loss to the Green Bay Packers in the first round of the postseason. The Packers went on to win the Super Bowl.

Vick completed 62.6 percent of his passes for 3,018 yards and 21 touchdowns, all career highs. He also rushed for 676 yards and nine touchdowns. Vick’s 6.7 yards per rush led the league among players with at least 100 attempts.

Vick was described as “cruel and reprehensible” by NFL commissioner Roger Goodell for participating a ring in which dogs that lost fights were drowned, hanged, shot or electrocuted. In April 2007, he took part in the killing of eight animals, one of which was dispatched by slamming it into the ground, his criminal indictment said.

He signed with the Eagles three months after his release and returned to the field for the first time since 2006 after serving a league-imposed suspension.

“He’s become the ultimate leader of this team,” Eagles tight end Brent Celek told reporters. “He’s taken control of the offense.”

--With assistance from Dex McLuskey in Dallas. Editors: Dex McLuskey, Dan Baynes.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net.


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