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NFL lines – Philadelphia Eagles Bank On Michael Vick

Posted by Brett Nielson on 9/6/2011 7:20:44 PM

Michael Vick signs the second $100 million contract of his NFL lines career.

2010-11 Season
Philadelphia Eagles vs. NFL: 10-6
Philadelphia Eagles vs. NFC East: 4-2

NFL Lines – To Win NFC East
Philadelphia Eagles -135
Dallas Cowboys 275
New York Giants 300
Washington Redskins 1400

The Philadelphia Eagles have recently shown their faith in Michael Vick by offering him a new six-year contract worth $100 million, with $40 million in guaranteed money. Vick had a year for the record books in 2010, and has not missed a beat this pre-season. Due to his consistently high level performances, the Eagles have made a smart move in tying one of the most valuable NFL lines players.

Vick was drafted first overall by the Atlanta Falcons during the 2001 NFL lines Draft, where he became the first ever African-American to be selected first overall in an NFL Draft. He instantly became a football superstar, leading him to sign a 10-year deal worth $130 million with the Falcons in 2004. However, Vick only completed 32 games following the signing of his contract before legal issues surrounding the dog fighting scandal hampered his career.

The electrifying quarterback spent the 2006 and 2007 NFL lines seasons in prison, and the 2009 season as the backup behind Kevin Kolb and Donovan McNabb. After starting last year on the bench behind Kevin Kolb, things did not look to be getting any better for him. However, Kolb was sidelined with a concussion 3 games into the season, essentially forcing Vick to re-announce himself to the NFL as the superstar that once was.

In his 11 games as starter last season, Vick led the Eagles to a playoff-worthy 8-3 record. In the process, he also set career highs in passing yards (3,018), touchdown passes (21), rushing touchdowns (9), completion percentage (62.6 percent) and a 100.2 passer rating – while also posting 676 yards.

Vick has certainly come a long way since spending 18 months in a federal prison. He led the Philadelphia Eagles to the NFC East title last season, was selected to the Pro Bowl, and was named the AP Comeback Player of the Year.

Michael Vick will be starting for the Eagles next Sunday in St. Louis, making the game his first season opening start in five years. In the long run, he will be looking to help the Eagles win their first Super Bowl since winning the 1960 NFL Championship, and losing in two Finals since.

Nielson Notice: On a financial note, Michael Vick will be breathing a sigh of relief with the signing of this huge contract. The Philadelphia Eagles quarterback still owes creditors around $19 million from his bankruptcy case in 2005. If Vick earns the full $100 million possible from his contract, then his creditors are guaranteed to be repaid in full. However, if he just earns the 40 million in guaranteed money, the creditors will not be able to collect their full amount of due debt. For that reason alone, I know I won’t be the only one that will be hoping that Vick stays healthy the next few seasons!

Click here for the full article from ESPN.

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