Vick could make as much as $10 million next season, Adam Schefter of ESPN reports. This according to league sources.
This contract replaces the long-term contract Vick had signed in 2011 and he now is scheduled to be a free agent after next season.
But this season he will quarterback new coach Chip Kelly’s offense. Kelly will address the media at a news conference later Tuesday.
He was scheduled to make $15.5 million in base salary in 2013 under the six-year, $100 million extension he signed with the team in 2011.
Vick, who turns 33 in June, passed for 2,362 yards, 12 touchdowns and 10 interceptions in 10 games last season, his fourth with the Eagles.