A league source revealed on Sunday that the Philadelphia Eagles are planning on placing a franchise tag on Michael Vick sometime next month, making sure that he will be back for the 2011 season. This is huge for the Eagles as they will have more than enough time to work out a long-term contact with Vick, and not risk losing him to another team. Along with Vick being placed under the franchise tag, the Eagles have announced that they are taking offers for Kevin Kolb.
Vick is currently in Hawaii, attending the fourth Pro Bowl of his career, and is coming off of the best season in his career. Finishing the season with, 3,018 passing yards, 21 touchdowns, and a QB rating of 100.2. Also leading the Eagles to the playoffs, and losing in the first round to the Green Bay Packers. The Eagles organization is putting all of their faith into Vick, in hopes that he will continue to dominate late in his career.
With Kolb now officially on the trading block, it should be interesting to see what kind of offers the Eagles receive. Reid is going to be looking for draft picks, as the Eagles need to fill holes in almost every postion. Kolb can not be traded until a new CBA has been signed, which creates a potential problem for the Eagles as well as other teams.
Vick and the Eagles will be looking to sign a long-term deal at some point before next season. If the deal falls through and the Eagles and Vick can’t reach an agreement, that is why the franchise tag is in place.