Via NFL.com
Mike Vick is staying put for the 2013 season. Fox Sports insider and NFL Network contributor Jay Glazer first reported that Vick and the Eagles worked out a restructured contract, meaning the quarterback will return to the team for the 2013 season. The Eagles' website quickly confirmed the move.
The headline announcing the news on the Eagles' website was telling: "Vick stays to compete for job."
Nothing is guaranteed for Vick. Second-year pro Nick Foles remains a promising option, although he probably doesn't fit in Kelly's offense. It wouldn't be a surprise if Kelly added another interesting name to the mix.
Vick will take a big pay cut from his previous $15.5 million salary. NFL.com's Ian Rapoport reported Vick can earn "up to" $10 million. NFL.com's Albert Breer reported Vick's contract is a three-year deal that voids to one year on March 15, so it's essentially a one-year deal, making Vick eligible for unrestricted free agency in 2014.
Vick's deal surely includes a lot of incentives that recognize how unclear his role is at the moment. TheEagles are making it clear that Vick isn't guaranteed anything at this stage, including a roster spot. But they wouldn't make this move unless they thought Vick had a good chance to win the starting job.
This marks a sensible move for both sides. Vick knows that he's not going to find a better situation than the one in Philadelphia with Kelly and a talented group of skill position players. Kelly knows he's not going to find a better option on the free-agent market.
Consider this a one-year trial. It's a "prove it" deal. It's another "last chance" for Vick.
Andy Reid's departure ultimately allowed Vick to get another season with the Eagles. With Kelly on board, it might be a better chance for Vick to find success.
Follow Gregg Rosenthal on Twitter @greggrosenthal.
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