Michael Vick will remain with the Eagles for another year.
The quarterback, who had been rumored to be on his way out, signed a one-year deal that replaces the the six-year, $100 million contract Vick had signed in 2011, according to ESPN.
Vick will become a free agent after next season.
New coach Chip Kelly said Vick and quarterback Nick Foles will compete for the starting job in training camp.