So two years after getting out of jail and being cleared to play football, three years after filing for Chapter 11, and four years after pleading guilty to federal felony conspiracy charges, Michael Vick has signed a new $100 million contract with the Philadelphia Eagles; six years, $40 million guaranteed. Back in 2008 when his lawyers told a bankruptcy judge that Vick would likely be able to “earn a substantial living” again, they weren’t kidding.
In terms of sheer size, this one isn’t quite the $130 million, 10-year contract he signed with the Atlanta Falcons back in 2004, which made him the highest paid player in the NFL. But the new deal actually comes with more guaranteed money, and a higher yearly salary. As far as I can tell, this makes Vick the rare pro athlete to sign two contacts worth $100 million or more, and perhaps the only NFL player ever to do so.
Two weeks until the regular season opens, the Eagles better hope that shaky offensive line jells sooner rather than later. That’s an awfully expensive 31 year-old asset they have behind it.