THOUGHT MICHAEL VICK’S REPUTATION HAD GONE TO THE DOGS; HE’S BARKING BACK
Because of his well know past troubles, football star Michael Vick had to file for bankruptcy protection back in 2008. He had gone from making millions on the gridiron to making 12 cents an hour mopping floors in the Leavenworth Federal Penitentiary cell-block. Because of his pre-prison high lifestyle, he owed creditors about $18 million dollars.
He served 548 days (about a year and a half). Now he’s a football star again. Not only that but according to Darren Rovell at ESPN.com, he’s “weeks away from paying off the majority of the nearly $18 million he owed his creditors.” During his four seasons with the Jets and the Eagles, he grossed approximately $49 million, but agreed to live on a “restrictive budget” in order to pay back his creditors.
Mr. Vick is feeling good about himself. He says he will be out from under the bankruptcy in about a month and he feels like he did the right thing, paying back his creditors. His wife and daughter are “happy to have him with us.”
© David G. Hicks, Attorney at Law