[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/07/28/michael.vick.art.jpg caption="Michael Vick will be considered for full reinstatement based on his progress by the sixth week."]
(CNN) - Nearly two years after he pleaded guilty to a federal charge of bankrolling a dogfighting operation at a home he owned in Virginia, Michael Vick was reinstated to the National Football League on a conditional basis, according to an NFL statement Monday.
Vick "will be considered for full reinstatement and to play in regular-season games by Week 6 based on the progress he makes in his transition plan," the statement said. Week 6 of the NFL season is in October.
Vick may participate in practices, workouts and meetings and may play in his club's final two preseason games under the conditions of his reinstatement, the league said.
Vick, in a statement, thanked the league's commissioner and former Indianapolis Colts coach Tony Dungy, who has served as his mentor.
"I would like to express my sincere gratitude and appreciation to Commissioner [Roger] Goodell for allowing me to be readmitted to the National Football League," Vick said in a statement. "I fully understand that playing football in the NFL is a privilege, not a right, and I am truly thankful for the opportunity I have been given."
Vick, 29, was freed from federal prison at Leavenworth, Kansas, on May 20 and returned to his home to serve the last two months of his 23-month sentence in home confinement.
Vick also said in his statement that he is re-evaluating his life after the "terrible mistakes" he made.