Monday, February 11, 2013

Michael Vick, Eagles, agree to restructured deal - Vick to take pay cut

Michael Vick. PHOTO/AP

Michael Vick took a significant pay cut to stay with the Philadelphia Eagles and compete for a starting job.

The four-time Pro Bowl quarterback agreed Monday to a restructured three-year contract with the Eagles, just two seasons after signing a US$100 million extension that included US$35.5 million in guaranteed money. The new deal is essentially for one-year, however.

A source familiar with the contract said Vick could earn up to US$10 million in 2013 if he

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