*Philadelphia Eagles quarterback Michael Vick, who was designated as the team’s franchise player on Feb. 15, signed the franchise tender today and was given a one-year contract extension, according to ESPN.
Vick was one of three players to receive the “exclusive” franchise tag, which bars players from talking to other teams once free agency begins.
Under rules of the collective bargaining agreement that expires at midnight Thursday, a team must pay a franchise player the average of the top five salaries at his position. Vick would make an estimated $20 million under this tag.
Indianapolis Colts quarterback Peyton Manning and Oakland Raiders linebacker Kamerion Wimbley also received exclusive franchise tenders. Wimbley signed his tender Tuesday but Manning hasn’t signed his yet as talks on a long-term deal between he and the Colts are ongoing.
Vick led the Eagles to a 10-6 record and the NFC East title after replacing an injured Kevin Kolb after Week 1. Despite missing three games with an injury, Vick had his best season. He set career highs in yards passing (3,018), touchdowns passing (21), touchdowns rushing (9), completion percentage (62.6) and passer rating (100.2).
Vick was voted The Associated Press Comeback Player of the Year after missing two seasons while serving a jail sentence and playing sparingly in 2009.