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.
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.
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