NEW YORK — Michael Vick is switching green jerseys — and maybe trading his clipboard for a starting job.
The Jets signed the former Eagles quarterback on Friday to a one-year deal that will pay him $5 million, and they released Mark Sanchez, the one-time face of the franchise.
"I love competition, and I love football," Vick said during a conference call. "And I feel I have a lot of football left to play.
Vick was a free agent after spending the past five seasons with the Eagles. He will be reunited with Jets offensive coordinator Marty Mornhinweg, who helped him have the best season of his career in Philadelphia in 2010.
Vick was plagued by injuries the past three years and lost the starting job last year to Nick Foles. Vick could challenge Jets starter Geno Smith, who had 12 touchdowns and 21 interceptions in his rookie season.
"As of right now," Vick said, "Geno's the starting quarterback of this football team."
Vick, 34, was once considered the league's most dynamic player during his first six seasons with the Falcons.
His playing career was abruptly halted for two seasons in 2007, when he pleaded guilty to being part of a dog fighting ring. He served 21 months in federal prison, and two more in home confinement.
Sanchez led the Jets to the AFC title game in 2009 and 2010 but spent this past season on injured reserve after hurting his right shoulder in the preseason. Sanchez had three years left on his contract, but his $13.1 million salary cap number — and $2 million roster bonus due Tuesday — made it unlikely the team would keep him.
Ex-Buc Underwood signs with Panthers
Former Bucs receiver Tiquan Underwood signed a two-year deal with NFC South rival Carolina. Terms were not disclosed.
Underwood played the past two seasons with the Bucs where he started 10 games. He had 24 receptions for 440 yards and four touchdowns last season.
"Tiquan has the kind of speed that helps any team and has shown good progress as a receiver," Panthers coach Ron Rivera said.
The Panthers also signed quarterback Joe Webb and cornerback Antoine Cason to one-year contracts. Webb spent the past four seasons with the Vikings. Cason played with the Cardinals last season after five years with the Chargers.
SCHAUB RAIDERS STARTER: The Raiders acquired Matt Schaub from Houston for a sixth-round draft pick, giving the quarterback a second chance after losing his starting job on a Texans team that went 2-14 last season. Coach Dennis Allen said Schaub comes in as the starter after Terrelle Pryor and Matt McGloin were inconsistent last season. Also, safety Charles Woodson signed a one-year contract to remain with the team. Woodson, 37, returned to his original team last season after spending the previous seven years with the Packers.
JURISPRUDENCE: The estate of Hall of Famer Mike Webster and 65 former players suing the league over concussion injuries agreed to suspend their lawsuit to see if they will join similar cases being reviewed by a federal judge. The Webster-led suit claims the league hid information about concussions and head injuries sustained during playing careers.