The Philadelphia Eagles today announced they have agreed to terms with safety Nate Allen on a one-year deal.

The deal is worth $2 million and includes another $1 million in playing-time incentives, a source told ESPN NFL Insider Adam Schefter.

This gives the Eagles plenty of competition at the safety position, but still no stand-out player. The team, added free agent Malcolm Jenkins on the first day of free agency and Chris Margos, who is more of a special teamer. Earl Wolff and Keelan Johnson were already on the roster and now the team retained Allen.

The presumption here is that the Eagles will look to add a safety at the draft, giving them plenty of competition at that position - something Chip Kelly values.

Allen (6-1, 210) started all 16 games in 2013 and ranked third on the team with a career-high 94 tackles. Originally a second-round pick by Philadelphia in 2010, Allen has appeared in 59 contests (54 starts) for the Eagles and recorded six interceptions, three sacks, 23 passes defensed and a forced fumble during his tenure with the team.

In 2010, Allen, 26, started 13 games in his debut season and became the only player in Eagles history to record at least three interceptions and two sacks in his rookie campaign before he suffered a season-ending knee injury in Week 15. He bounced back from the injury in 2011, collaring 76 tackles and notching two interceptions in 15 games.

A four-year letterman at South Florida, Allen finished his career with 224 tackles, nine interceptions, one sack, five tackles for a loss, three forced fumbles and four fumble recoveries while starting his final 39 contests at free safety. He earned second-team All-Big East honors and was named a team captain in his senior campaign after notching four interceptions and finishing second on the team with 85 tackles.

Allen attended Cape Coral (FL) High School, where he was a two-time Class 5A All-State honorable mention selection and a three-time All-Area honoree.