WOW! That’s a lot of money. I’ll be updating this post with contract details as they become available…
[8/29/2011 7:50 PM EST] UPDATE – According to ESPN’s Adam Schefter, “about $40 million” of the deal is guaranteed.
[8/29/2011 7:53 PM EST] UPDATE – Sheil Kapadia of Moving the Chains offers perspective on Vick’s deal.
[8/29/2011 7:59 PM EST] UPDATE – Jason La Canfora of NFL Network says that deal is not “back-loaded with filler”, and has a legitimate shot of earning $16.7 million a year. This is a huge deal.
[8/29/2011 8:19 PM EST] UPDATE – As McLane points out, this deal frees up about $2 million in cap space.