Ranking Vick's contract with veteran QBs

ORLANDO, Fla. -- Turns out that Michael Vick signed a one-year, $4 million contract with the New York Jets. Here's a breakdown, according to ESPN Stats & Information:

Signing bonus: $2 million

Base salary: $2 million (fully guaranteed)

Cap charge: $4 million

It's worth noting Vick will make more in one year than Geno Smith will make in his first three seasons ($3.929 million). Vick can also make up to $1 million in playing-time incentives, here's a breakdown, per ESPN's Field Yates:

50 percent: $100,000

60 percent: $300,000

70 percent: $550,000

80 percent: $900,000

90 percent: $1 million

In terms of the current quarterback market, Vick received a reasonable contract, based on other veterans of his ilk. A sampling of recent signings, ranked by average-per-year:

Matt Cassel, Minnesota Vikings -- $5.25 million

Josh McCown, Tampa Bay Buccaneers -- $5.0 million

Chad Henne, Jacksonville Jaguars -- $4.0 million

Ryan Fitzpatrick, Houston Texans -- $3.625 million

Note: Each quarterback signed a multi-year contract.