Adam Schefter of ESPN broke the news on Monday.
The Philadelphia Eagles re-signed Michael Vick on Monday to a one-year deal for the 2013 season, league sources said.
Vick could make as much as $10 million next season under the one-year deal, according to a league source.
This contract replaces the one Vick had signed and he now is scheduled to be a free agent after next season.
Philadelphia made the right move bringing him back. If new head coach Chip Kelly's offense at Oregon is any indication of what he plans on running in the NFL, Mike Vick's speed could play an intricate role.
It opens up a whole new ball game for Vick, who missed six games in 2012 due to injury.
His numbers before getting injured were below average, throwing 11 touchdowns and nine interceptions in nine games. But this was not his fault. I put none of the blame on him.
Throughout the season, Vick saw his offensive line deteriorate due to injuries. It is impossible to play quarterback in the NFL without an offensive line.
Not to mention, the Eagles ran the ball way less than they should have last year. With LeSean McCoy and Bryce Brown in the backfield, it is mind-boggling that the Eagles ranked 19th in the league with just 413 rushing attempts all season long.
Handing the ball off to McCoy and Brown will open up more possibilities for Vick to pass and use his legs.
Sure, his injury history is an issue, but that is to go with anyone who plays in the NFL.
When McCoy received more than 20 carries in a game in 2012, the Eagles were 4-0. When he didn't, the Eagles lost every game. Kelly will need to draw up a slew of plays involving McCoy to take the pressure off of Vick.
When there was no offensive line guarding him and the defense pretty much knew the Eagles would be passing the ball, it was almost impossible for Vick to be successful.
With Chip Kelly known to use a fast-paced offense, Vick will bode well with McCoy, DeSean Jackson and Jeremy Maclin.
The choice to bring Vick back is about as good, and even better, in my opinion, than the other options available.
The Eagles could use Nick Foles, who didn't impress me in his six starts in 2012.
They could hope Geno Smith falls to them at the fourth pick in the upcoming draft, but I don't think he would be the best guy available at that point of the draft. The Eagles have bigger issues to resolve.
Or, they can go with Vick, who is more attractive of an option than anything available.
With a healthy offensive line and a balanced running game, Vick has the ability to thrive in a Chip Kelly offense. It's not like he doesn't have the weapons to throw to, either.
Only time will tell if this was the right move, but I have a strong feeling they made the smart decision.