Michael Vick will be back in Philadelphia after the Eagles announced Monday that the team and Vick have agreed to a restructured contract. After several meetings over the last few weeks between Vick and head coach Chip Kelly, the two sides decided that the best interests of both parties will best be served together.

Like every other player on the Eagles roster, Vick will compete for a role on the team in 2013. Kelly is also excited about the future of second-year quarterback Nick Foles, who supplanted Vick as the starter in the second half of the 2012 season after Vick was sidelined by a concussion.

It is also possible that additional depth at the quarterback position will be added later in free agency, in the draft or via trade. Monday's move does not preclude adding to the competition for the starting role, nor does it guarantee any starting jobs.

Vick joined the Eagles in the summer of 2009 and played one season as the team's third quarterback. After emerging as the starter in 2010, Vick started 35 games for the Eagles over the last three seasons. Over that time, Vick completed 60.2 percent of his passes for 51 touchdowns and 30 interceptions and a quarterback rating of 87.8. Vick, of course, also brings value to the quarterback position with his running ability and he ran for 1,597 yards for the Eagles over the last three seasons (the most of any quarterback during that time), though he also lost 12 fumbles.

After working with the likes of Andy Reid and Marty Mornhinweg for the last four years, Vick will now learn under Kelly, offensive coordinator Pat Shurmur (himself a former quarterbacks coach for the Eagles) and quarterbacks coach Bill Lazor. The charges for Vick will be to improve his ball security and the hope is that a reworked offensive line may be better suited to protect the 32-year-old.

When Kelly was introduced as head coach back in mid-January, he was asked about whether he'd made a decision on Vick's future with the team.

"I've followed Michael's career and I understand what a talent he is," Kelly said. "But there is nothing that's on the board right now, there's nothing that's off the board right now. Our sole focus and goal is that we're going to put an offense on the field that's going to score points. That's basically what we're going to do and whoever that is, I don't know that … There's nobody ruled in, there's nobody ruled out at this point in time."

Meanwhile, in his run as Eagles quarterback last season, Foles, 24, completed 60.8 percent of his passes for six touchdowns and five interceptions and a quarterback rating of 79.1. At 6-5, 243, Foles is a more traditional pocket passer than Vick. The flipside is that he's not the league's most mobile threat at the position.

Here's what Kelly had to say about Foles back in January:

"I think there (are) two things. There's perception and then there's reality. The perception is we run our quarterback all the time and this is what we do. The reality is that's not the case. One of the best qualities in a quarterback is durability and a lot of that has to do with play calling.

"In terms of Nick, I know him because we played against him (when I was at Oregon and he was at Arizona). I'm a huge fan of his. He's tough. It's an attribute that I think a lot of people don't understand of how hard it is and what toughness means to the quarterback spot. To just be able to stand in the pocket and throw the football (is tough). We hit him as many times as we could hit him and he just kept getting up and making plays. He completed a 13-yard pass left handed against us once and I remember just standing on the sideline shaking my head (saying), 'What do we have to do to stop him? … He's a competitor, he's accurate, so I'm excited about that."

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