On Monday night, Michael Vick became the first player in NFL history to sign a second nine-figure contract, getting a six-year, $100 million contract from the Eagles that makes him one of the highest-paid quarterbacks in the NFL.
Given his past -- ahem -- transgressions, it wouldn't be surprising to find out that Philadelphia guarded themselves from getting torched by Vick through specific language in the contract relating compensation to conduct.
But they didn't. Les Bowen of the Philadelphia Daily News, Jeff McLane of the Philadelphia Inquirer and Jason Cole of Yahoo Sports report that Vick's deal contains "nothing other than the usual stuff," has "normal" stipulations on conduct and is "no different" than other player contracts.
|Vick's Second Life|
So, clearly, the Eagles weren't pressing Vick (or couldn't?) to include a pile of stipulations in the deal about his behavior off the field. Obviously that's something the Falcons wish they'd done, as it would have made recouping money much easier than actually, you know, suing Vick.
For Philly though, it might not have made any sense to do so. They clearly believe that Vick's a changed man -- and if a cynic like Prisco believes it, can you blame them? -- and the more risk for a player that's included in a contract like this, the more money that's required from a team to make said player take said risks.
If the Eagles don't believe Vick will go back to his old ways, and they quite clearly do not, then there's no reason to push the negotiating envelope on player conduct clauses.
Bonus nuggets that are interesting about Vick's contract: if he's fully paid, it's believed that his creditors will also be fully paid. That's annoying for Vick, since it means giving up a lot of $100 million, but it also means that this deal fully guarantees him freedom from bankruptcy well in advance of the timeline that was set when he left prison.
And, because Vick's making so much money, the Eagles now have the highest-paid lineman in the NFL (Jason Peters, who makes $12.8 million a year), the highest-paid cornerback in the NFL (Nnamdi Asomugha, who makes $12 million a year) and the highest paid quarterback in the NFL in Vick.
That's indicative of the Eagles willingness to spend this offseason, but give them credit -- if you're going to pick three positions to truly pay a premium price in the NFL, those three are excellent choices.
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