Eagles re-sign Michael Vick to 1-year contract

Other incentives include $500,000 in roster bonuses and $1.5 million if Vick plays at least 90 percent of the Eagles’ offensive snaps. The roster bonuses come out to $31,250 for each game that Vick is on the 46-man roster.

Vick went just 204-for-351 passing for 2,362 yards, 12 touchdowns and 10 interceptions. He has a chance to have a renaissance of sorts under new head coach Chip Kelly, however. Kelly was the mastermind behind a potent up-tempo offense at Oregon that could play well into Vick’s strengths as a runner. That said, Kelly has made it clear that despite the new contract, Vick will have to compete for the starting job with Foles.

If Baltimore and its quarterback decide to part ways, Vick’s new deal would likely result in a better deal for Flacco than originally anticipated. Aside from Flacco, Vick would have been another option on the market that a team could sign and start right away. With Vick unavailable, Flacco is the only potentially available quarterback who meets that criteria. Of all the other free-agent QBs, most of them seemed destined for a backup role at best, and none would be considered upgrades over the starters on most teams’ rosters.

Just as Vick’s deal could mean more money for players like Flacco and Jackson, it likely means better compensation for the Niners when they trade Smith. Any franchise hoping to obtain a bona fide starter just became a little more desperate, which means Smith’s value just went up.