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Michael Vick agreed to a 10-year contract worth more than $100 million with the Atlanta Falcons that also guarantees the star quarterback an NFL-record $37 million in bonuses, an official close to the negotiations said Thursday.

Vick's contract surpasses the $98 million deal Indianapolis quarterback Peyton Manning signed in March. Manning was guaranteed $34.5 million in bonuses.......

......The official, who requested anonymity, said Vick reached incentives in his original contract, a six-year, $62 million deal, that would have allowed him to void the 2005 and 2006 seasons next month. Had he done so, the 24-year-old Vick would have become an unrestricted free agent on March 2.

http://sports.espn.go.com/nfl/news/story?id=1952621

I'm the biggest Vick fan there is, but this is an absoluely terrible long term contract for the Falcons.
 
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