Request Media Kit

Vick Has Blown $30 Million, But Responsibly

NFL player Michael Vick garnered a lot of hatred, backlash, and damage to his reputation when it was revealed in 2007 that he was involved in an illegal dog-fighting ring. He later plead guilty to fel...
Vick Has Blown $30 Million, But Responsibly
Written by Amanda Crum
  • NFL player Michael Vick garnered a lot of hatred, backlash, and damage to his reputation when it was revealed in 2007 that he was involved in an illegal dog-fighting ring. He later plead guilty to felony charges and spent 21 months in prison, but his past still haunts him in the form of a lot of cash.

    Vick says he filed for bankruptcy in 2008, and the legal troubles associated with the dog-fighting–plus previous debts–added up to several million. In fact, he’s spent around $30 million over the last four years alone.

    According to TMZ, $10.9 went to taxes, $9.2 mil went to creditors, $2.7 went to lawyers and accountants, and the rest was earmarked for child support and basic living expenses; while many are making it sound like Vick has mismanaged his money, it seems like he was actually trying to be responsible with it. All told, he’s left with about $1.5 million.

    However, Vick has been signed on to play with the Philadelphia Eagles in a six-year, $100 million contract, and that means not only a big chunk of change, but a steady source of income which will help him get things back in order.

    Get the WebProNews newsletter delivered to your inbox

    Get the free daily newsletter read by decision makers

    Subscribe
    Advertise with Us

    Ready to get started?

    Get our media kit