Monday, October 15, 2012
Michael Vick Will Be Cut Immediately After The Super Bowl
Adam Schefter – Unless Michael Vick leads Eagles to the playoffs, league sources believe that this will be the quarterback’s last season in Philadelphia.
If Vick is on the Eagles roster Feb. 6, 2013, three days after this season’s Super Bowl, $3 million of his nearly $16 million salary becomes fully guaranteed. But if the Eagles opt to release Vick before Feb. 6, 2013, they will not have any financial obligation to him and his contract will come off their salary cap without any charge.
Yahoo – Should the Eagles release Vick before that date, they’ll save $15.5 million in cash and free up $12.7 million in salary cap space. 2012 third round pick Nick Foles is currently No. 2 on the depth chart and would presumably get the first crack at the starting job, though competition could be added in free agency or next year’s draft.
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