Austin's deal is reportedly worth $2.3 million with $700K in incentives. This deal is slightly more valuable than the one-year, $2 million contract Austin signed with the Cleveland Browns last season.
The 6-3, 215 pound receiver is seemingly a close friend of newly-signed Eagles running back DeMarco Murray due to their time spent together with the Dallas Cowboys.
The Eagles are signing Austin because they're very thin at the wide receiver position. The only three wide receivers returning from Philadelphia's 2014 roster include Riley Cooper, Jordan Matthews, and Josh Huff. Cooper was arguably one of the worst wide receivers in the NFL last season while Matthews and Huff are still inexperienced. Matthews looked more promising than Huff in their respective rookie campaigns but the Eagles reportedly remain high on both. In any case, Austin gives the team a veteran option.
Austin isn't without concerns. He hasn't played a full slate of games since the 2010 season. Injuries have really hampered his career. He also turns 31 in late June.
In his nine-year career, Austin has recorded 348 receptions for 5,049 yards (14.5 average) and 36 touchdowns. Austin most recently finished the 2014 season with 47 receptions for 568 yards and two scores.