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Ex-NFL star Vick files for bankruptcy

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    Ex-NFL star Vick files for bankruptcy

    http://news.yahoo.com/s/afp/20080708...gHxnz_yoSs0NUE


    NEWPORT NEWS, Virginia (AFP) - Former American football star Michael Vick filed for bankruptcy at a US Bankruptcy Court here, seeking Chapter 11 protection and citing debts between 10 million and 50 million dollars.
    The former Atlanta Falcons quarterback has served seven months of a 23-month sentence on federal dogfighting charges and still faces state charges after financing the operation on nearby property in rural Virginia.
    Vick, 28, listed a portion of the bonus money that the Falcons are trying to recover among the debts owed to creditors. The team paid Vick the bonus as part of a 10-year contract worth 130 million dollars that he signed in 2004.
    Court documents revealed Vick's role in the operation, which included execution of poorly performing dogs through hanging, electrocution, drowning and other grizzly methods of slaying.
    Vick was sentenced last December and is serving time in Leavenworth, Kansas. With good behavior, Vick's sentence could be trimmed to 18 months and allow him to be released in a year, giving him a chance to play in the 2009 season.
    That, however, would require approval from National Football League commissioner Roger Goodell and interest from an NFL team.

    #2
    LAwls... he is black and poor in America.

    He is screwed.

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      #3
      Haha serves him right snoop dog.
      I went to Sharif University. I'm a superior genetic mutation, an improvement on the existing mediocre stock.

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        #4
        how the **** does he have that much debt when he was makin millions a year. these meshkis comin out of the hood piss money like its real piss.

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          #5
          Proof Positive That You Can Take Tha Nigga Out Da Hood But You Cant Take The Hood Outa Them..!!
          The Problem Lies With Lack Of Brains..!! Its A Shame ...!
          As Soon As The Big Money Rolls In A Bunch Of Lashkhors Surround Them, In The Name Of Agents And Financial Advisers And On Top Of That They Spend Foolishly The Money Before They Even Earn Their Full Contract..!!
          I Actually Feel Bad For The Stupid Brotha.!! But If He Is Smart He Can Still Make Some Fat Money In A Year Or So When He Comes Out Of Jail..! The Sob Is A Really Thrilling Football Player With Mad Skills...! I Doubt Nfl Commissioner Could Resist Having Him Back And Teams Like Raiders Would Gladly Offer Him A Cheap Contract..! They Can Also Get Much Ratings From His Soap Operatic Past..!!

          Comment


            #6
            Originally posted by BacheLot View Post
            Proof Positive That You Can Take Tha Nigga Out Da Hood But You Cant Take The Hood Outa Them..!!
            The Problem Lies With Lack Of Brains..!! Its A Shame ...!
            As Soon As The Big Money Rolls In A Bunch Of Lashkhors Surround Them, In The Name Of Agents And Financial Advisers And On Top Of That They Spend Foolishly The Money Before They Even Earn Their Full Contract..!!
            I Actually Feel Bad For The Stupid Brotha.!! But If He Is Smart He Can Still Make Some Fat Money In A Year Or So When He Comes Out Of Jail..! The Sob Is A Really Thrilling Football Player With Mad Skills...! I Doubt Nfl Commissioner Could Resist Having Him Back And Teams Like Raiders Would Gladly Offer Him A Cheap Contract..! They Can Also Get Much Ratings From His Soap Operatic Past..!!
            oh god the raiders!! lol i'm sure their fans would love it since 99% of their fans are like ex convict

            Comment


              #7
              Originally posted by the-ali View Post
              how the **** does he have that much debt when he was makin millions a year. these meshkis comin out of the hood piss money like its real piss.
              That money is not all gaurenteed and the bonus will have to be paid back if he leaves the team or in this case goes to jail. Dont let the sticker price of the contract fool you, he doesnt get ALL that money immediately, yest im sure he did piss alot of money away.

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                #8
                I wonder if anyone will take a chance on him when he's free... as a reserve WR or something. He's too great of an athlete for teams not to at least bring him in for a look.

                If he stays in shape in the slammer, he could salvage a decent salary out of the league when he gets out.

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                  #9
                  his whole life he has had breaks, from the time he was in high school to the time he spent "studying" at thug tech. im glad him and his brother are both screwed now, they should know, life isnt about getting off the hook everytime u do something wrong

                  PFDC 10 Years & Counting
                  We thank and support Mr.Kamran Delan for many years of dedication and service to Iranian Football Community.
                  For some nice Lounge & Chillout head to -->http://www.youtube.com/user/mkbf86

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                    #10
                    vick is one heck of an athlete...and if he is allowed to return im sure there will be a few teams interested in his services
                    Go Cows!

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