In what could be the first step toward a major endorsement deal for the embattled quarterback, Michael Vick signed on with Nike to wear the new Jordan Retro 3 sneaker in exchange for $149.99 at a local Foot locker on Wednesday.

“I just want to thank Nike for taking a chance and allowing me to buy their shoe,” Vick said after signing the contract with Nike and handing it to the cashier. “I really think this agreement works out for both of us and hopefully it leads to bigger and better things in the future, like a discount or something.”

Terms of Vick’s deal with Nike include a 30-day, money back guarantee and a chance to win $1,000 for taking a quick online survey.