Eagles, Vick pare contract to one year

Michael Vick signs with Eagles for '13
espn.go.com

The Philadelphia Eagles re-signed Michael Vick on Monday to a one-year deal for the 2013 season, league sources said.

This contract replaces the one Vick had signed and he now is scheduled to be a free agent after next season.

Vick was reportedly paid a $3M roster bonus last week, and had been due to draw a $15.5M salary for 2013, in a deal that ran through 2015.

Instead, the former number-one overall pick has taken a hefty pay cut, with a one-year deal that has the potential of topping out at around $10M.

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM

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