Michael Vick is signing with the Jets, reports Adam Schefter of ESPN (via Twitter). In a separate tweet, Schefter reports that it is a one-year deal worth $5MM. The former Eagles and Falcons quarterback started six games in 2013, going 2-4 as a starter. He failed to complete 55% of his passes, and has failed to complete 60% all but once in his NFL career.
Vick will most likely join the team as the presumed backup to Geno Smith, but with a chance to compete with the second-year quarterback. Jets offensive coordinator Marty Mornhinweg said that Vick would have the opportunity to push Smith for the starting job (via Twitter).