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Home > Mark Bradley > Archives > 2008 > July > 10 > Entry
DEL.ICIO.USHey Mike, where’s the money?
The Atlanta Journal-Constitution
On Dec. 23, 2004, Michael Vick signed a 10-year contract extension that was to bring him $130 million. On July 7, 2008, Vick filed for bankruptcy, citing debts ranging from $10 million to $50 million.
I have a question: Where’d it go?
Let’s stipulate that Vick didn’t receive all of the $130 million - he played only two of the 10 years - but the deal also included a $37 million signing bonus, most of which he has been allowed to keep. Let’s also recall that Vick signed for $62 million over six seasons after being drafted in 2001. And let’s not forget endorsements.
So, to recap: Two record contracts in the span of 3 1/2 years, followed by bankruptcy in 2008.
Where’d it go?
I’d really like to know. How do you go through that much that fast? Bad investments? (Certainly we know about the property he bought on Moonlight Road in Smithfield, Va.) Too much travel? (Didn’t his deal with AirTran provide free flights?) Too many lavish purchases? (Obviously he ran up some hefty legal bils.) Too many unsavory friends? (Well, yes.) A sudden downturn in earning status? (Well, duh.)
But even with the worst spending habits and the grabbiest associates in the history of mankind, wouldn’t it be tough to blow through earnings that surely topped $100 million and to do it by the time you turn 28? How do you manage that? Where’d it go?
I understand that making money as an athlete is no assurance of having money. Evander Holyfield made nearly $250 million as a fighter, but last month he was moved to tell this newspaper: “I’m not broke. I’m just not liquid.” The baseball player Jack Clark once filed for bankruptcy while working under a contract that paid him $8.7 million, in part because he’d bought 18 cars.
I understand that athletes aren’t always the shrewdest investors. I understand that even successful people do silly things. What I can’t understand is how so much money just flies away. Where does it go?
Permalink | Comments (93) | Categories: Falcons/NFL
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By well
July 10, 2008 9:32 AM | Link to this
brewster’s millions
By Mark Z
July 10, 2008 9:39 AM | Link to this
Go dawgs!!
By T
July 10, 2008 9:39 AM | Link to this
Who cares? move on. I didn’t even read the article. Stop reporting on a criminal and encouraging the fan base to rethink & relive the negative past. Here’s a thought, concentrate on the upcoming season and growing the team.
By Gone Fishing
July 10, 2008 9:48 AM | Link to this
Who cares…move on. talk about something that matters
By K.
July 10, 2008 9:52 AM | Link to this
Where his money went is none of your business. He is not asking you or the public for a loan or a bail-out (like some big corporations). Find something else to talk about.
By mike
July 10, 2008 9:54 AM | Link to this
Hey Bradley, lets look at your financial statements and see where all of your money goes. what’s you budget for “Soccer Mom” activities?
By jmt
July 10, 2008 9:55 AM | Link to this
Mark,
I dont see you asking Donald Trump everytime he filed bankruptcy. Where the money went. Shut up.
By Micah
July 10, 2008 9:56 AM | Link to this
Mr. Bradley, this article would have been a lot less corny if Rick Reilly had not already written something similar last week. You don’t really have any interest in Mike Vick’s money beyond trying to make him look even worse because of his financial woes.
Geez, enough with piling on Michael Vick.
The AJC is better than this.
By Roswell Ed
July 10, 2008 9:56 AM | Link to this
Mark,
When do you report? Another commentary from Bradley.
LAZY,
How long before a comment from a Vick apologist calls all of us JEALOUS?
Jealous of what?
Federal prison? Bankruptcy? Dog Killer?
What a bum!!
By reggie
July 10, 2008 9:57 AM | Link to this
mick vick didnt blow all that money. he only did what all prople with a lot of money in trouble do. really he is very smart.
By Dodge Carithers
July 10, 2008 9:58 AM | Link to this
Vick had too many free loaders at his front back and side door-suppose to be his friends -well they were till the money ran out-he did not take care business number one-that being solid business investment managament.
By Jim
July 10, 2008 10:00 AM | Link to this
Come on Mark, we all know you aren’t the brightest star at the AJC, but are you really this dumb?? Everybody with at least a little money knowledge knows that this is simply a move to protect whatever assets he can protect. It’s actually a very good move by his legal/investment team. And don’t worry Mark…..Mr. Vick probably has more money in his jail cell than you will make in your lifetime writing lousy articles like this one.
By David
July 10, 2008 10:03 AM | Link to this
Vick didn’t file for bankruptcy, he filed for bankruptcy protection… I’m assuming you are mistaking Chapter 11 for the more common Chapter 7. Chapter 11 does not mean he doesn’t have any money, its more of a restructing of his debts. Must be why your a sports blogger I guess.
Also, who cares if he doesn’t have money. He doesn’t need it at this particular moment anyway does he? Do you not have better things to do. Unfortunately, I wish I did, maybe I need a different job. How about yours… or Moore’s?
By michaelgee
July 10, 2008 10:05 AM | Link to this
How freaking long do we have to hear about Vick. He’s gone, the money is gone, I wish ajc could get over it’s sensationalizing Vick and cover the Falcon Team we have.
Mark, Jeff, TM, nobody cares about Vick any more, enough is enough.
Do your job and cover the TEAM we have now, we care more about our future than the past failings of Stupid Michael Vick.
By G-Man
July 10, 2008 10:06 AM | Link to this
Enough Already! Find something better to talk about.
By Go PATS
July 10, 2008 10:07 AM | Link to this
In regards to K’s comment about Vick not asking us to repay or bail him out, that is not true. By declaring bankruptcy, Mike is defaulting on his debt and other consumers (me and you) will have to make up the difference. Too many people think that when they default that the debt just disappears and large corporations take a loss. In reality the debt gets passed on to other consumers in the form of higher product costs and increased insurance premiums.
I have to agree with the others and would like to see anything regarding the Vick family and friends to simply disappear from the headlines. Let’s hope that Mr. Blank and the Falcons are not dumb enough to consider bringing back the problem child when his jail time is finished.
By Ryder
July 10, 2008 10:08 AM | Link to this
Hey Mark, do us a favor, can you write about the current quarterback of the Falcons? Or since he’s all vanilla and all business that doesn’t sell with the audience?
We real fans are about the NOW, and that is Matt Ryan!
By Jacob
July 10, 2008 10:08 AM | Link to this
I was surprised to read some of the comments! Most of you are freaks for not wanting to know the same thing…what did he do with all the money? If Vick is painted in a bad light ….too bad, so sad…he orchestrated his own demise. Still…considering the vast amount of money that was thrown his way - you can’t help but want to know what did he do with it all……
By Ablogger
July 10, 2008 10:08 AM | Link to this
I think Ron Mexico might have something to do with it. Prescription drugs in the clink can get quite expensive to smuggle in.
By elainer7
July 10, 2008 10:09 AM | Link to this
My first question is how anyone can be so stupid to believe that convict is really broke. And my last question is: who cares? The rich just keep getting richer and so will he. Report on some issues that will make a difference in this world.
By Paddy
July 10, 2008 10:09 AM | Link to this
Mark, great article. I believe there are alot of folks asking themselves the same question. Why does MV and his people not know if its 10 mil or 50 mil he owes? Bad bookeeping? Could there be actually 40 mil floating around out there unaccounted for? I for one would like to see more from you on this subject.
By Meezy
July 10, 2008 10:10 AM | Link to this
And further more, He signed for 37 million in guarantees … he didn’t get the full 37 million.
In any event, I’d assume he blew a lot of it quick with this dog case. a team of high priced lawyers aren’t cheap. AND, he defaulted on loans left and right, partially because he’s breached so many contracts by getting in trouble … breaching contracts means law suits. I’d be lead to believe the biggest suit that isn’t in the news is from … Nike.
Vick is trying to at least keep enough money to get a comfortable crib when he gets out. I’d want to live and eat to off my quick past while attempting to rebuild my future.
And furthermore, why do so many of you have your hands out for the Falcons? Last I checked, they are renovating the dome, signing UNPROVEN QB’s to bigger contracts, and the owner’s bottom suit is probably Purple Label. I doubt the falcons are hurting. Quit complain, let him do his bid, and let him rebuild his life. Many of you got your prayers answered anyway by wanting him off the team.
By Grace
July 10, 2008 10:14 AM | Link to this
Geez, enough with piling on Michael Vick. The AJC is better than this. No they’re not. That’s why the papers don’t hardly sell. Unless they’re talking about the money maker MIKE VICK. Guess the AJC loves Vick.
By Face the Truth
July 10, 2008 10:15 AM | Link to this
Unlike QB’s starting at the middle school level, Mike Vick wasn’t allowed to change the play at the line………doesn’t that speak to his brain power….very minimal, i’m not suprised he’s filed for bankrupcy…he belongs in the dumbest athlete hall of fame, first ballot
By Harvard degree
July 10, 2008 10:21 AM | Link to this
We all knew this moron didn’t graduate from The Wharton School of Business at The University of Pennsylvania; however, you can bet YOUR last dollar this thug has money stashed somewhere. At the very least, he - or one of his ex-posse - saw Denzel in “American Gangster!”
By Bobby Dowell
July 10, 2008 10:25 AM | Link to this
Marcus has it.
By Bill in VA
July 10, 2008 10:26 AM | Link to this
Get that stupid Vick’s face off the AJC. We have heard his name enough and are just sick of it and him and his relatives and his budget and his wanderings and his rap sheet and his …………….
By no_id
July 10, 2008 10:29 AM | Link to this
This is getting so old..i guess you couldn’t think of anything else better to write about..i guess it’s Terrance turn now..can’t wait to see what comes out his mouth.
By Roger Goddell
July 10, 2008 10:29 AM | Link to this
…and he still has to deal with ME!
By David
July 10, 2008 10:30 AM | Link to this
Everyone does realize that he didn’t get this money in a lump sum, correct? These contracts are usually paid out over the time of the contract. Since Chapter 11 is more about restructing his debt, he isn’t defaulting on anything. He’s just stating that his debts are more than his assets right now.
Is it really that hard to understand how business works people?
By JW
July 10, 2008 10:32 AM | Link to this
The same place the Delta team put theirs. It’s hidden with the jobs and retirement money they also took. How about those clowns from MCI who destroyed a company. Or maybe the money those “poor” pro franchise owners who use our tax monies to build stadiums. Those are answers I want. Vick is history. Let it go.
By Judge Lance Ito
July 10, 2008 10:34 AM | Link to this
I heard O.J. was going to loan Vick some money from the sale of his football memorabilia….right after O.J. deals with that little armed robbery misunderstanding in Vegas!
By JC
July 10, 2008 10:37 AM | Link to this
Maybe he gave all his money to his “boyfriends” in prison.
By sick & tired
July 10, 2008 10:48 AM | Link to this
First of all, can we let the man serve his time w/out highlighting everything thing that goes on with him. He is in jail and out of the spotlight, let him be.
Secondly, I am so sick of all you haters!!!! We know the white folks didn’t want Vick around. They are glad he went down, so they can say theirs another black athlete who can’t make it the right way.
I hope the Falcon’s don’t win another game!!! They have gotten rid of anyone who supported Vick in his time of trouble.
And for the person who said they hope the Falcons don’t bring Vick back after he has served his time, U R Stupid….because that’s the only way they will ever sellout the Dome again!!!!
By Gone Fishing
July 10, 2008 10:54 AM | Link to this
It seems as though you’re incredibly desperate to find something to write about. Put some effort into your job man, find something that is interesting. Look at the comments…what a waste of space.
By Jim
July 10, 2008 10:55 AM | Link to this
“I have a dream” that one day I won’t have to read or hear about Michael Vick anymore.
By Mike
July 10, 2008 10:57 AM | Link to this
MC Apologies… Pathetic, Sad, Disturbing
By hammerstone
July 10, 2008 10:59 AM | Link to this
“The AJC is better than this.”
snerk! No it’s not LOL
If I read something insightful and interesting from any of the sportswriting hacks at this newspaper, i would probably fall over in shock!
By Glen
July 10, 2008 10:59 AM | Link to this
Orignally posted by K. “…He is not asking you or the public for a loan or a bail-out …”
Actually, yes he is by using the bankruptcy court to avoid paying the full amounts owed.
Those parties will have to write off those debts and charge other customers more to recoup their losses.
As others have said…enough with this criminal. Let’s talk about real sports stories.
By Authur Blank
July 10, 2008 10:59 AM | Link to this
The source of the money was all you suckers that shopped at home depot over the years…oh, and don’t leave out the people who turned the Ggeorgia Dome into a freaknik party every Sunday.
I will be nice to actually be able to watch the games this year witout all the “Bon Qui Qui” types.
Click below:
http://www.youtube.com/watch?v=jZkdcYlOn5M
By KDH
July 10, 2008 11:01 AM | Link to this
Is there NOTHING else going on that needs attention???? I loved MV when he was with the Falcons, but guess what… HE’S NOT THERE ANYMORE!! So please move the ATL on and find another story worth discussing. GOODNESS!
By gp
July 10, 2008 11:03 AM | Link to this
Thought MB had an interesting questions. My favorite part though is citing debts between $10 - $50 million. If you can’t figure out if you owe approx $40 million, you might not be bankrupt.
By Chess
July 10, 2008 11:05 AM | Link to this
Lets move on….AJC is piling on.
By Sobecat
July 10, 2008 11:06 AM | Link to this
Who knows? We know Vick is a liar, coward, thief, thug and criminal, he could have done anything with it.
By Dave
July 10, 2008 11:08 AM | Link to this
Why all the Bradley and Moore haters when they write a column. Vick filed Chap 11 and it IS newsworthy. Of course Mark and all of us figure he shipped his greenbacks offshore, probibly at the advice of his attorney. Just a sad story all the way around. One of the saddest stories of an Atlanta superstar athlete that squandered their fortune is that of Dominique Wilkins. His mom and sisters bled his wallet dry. At one time he had 20 plus car payments, many for cars he had no idea the whereabouts. Nique was just “taking care of family”. So its not always posse that sucks em dry. Many times its “family”. Why do you think Nique works for the Hawks? Two reasons. One-he has to make a living. Two-the Hawks are doing the right thing and taking care of a former hero on the floor.
By Logic
July 10, 2008 11:10 AM | Link to this
Bradley I thought you were smarter than this. Don’t you know what a Chapter 11 is? I guess not, Vick’s not broke at all.
By df
July 10, 2008 11:11 AM | Link to this
GO CREEKSIDE HIGH SCHOOL SEMINOLES!!!!
By Forgiving Fan
July 10, 2008 11:13 AM | Link to this
Jim you are so right. His legal team made a very smart move. This man is not broke, don’t get it twisted. To all the people who constantly put this man down for what he did think about this, we all have done stupid things that we regret. But I guarantee that we have asked for forgiveness and gotten it. He did it & he’s suffering the consequences of his actions. Now we have to forgive the man and go on. It was a dog, and I understand some of you dog lovers but why can’t you get this passionate about a child who also can’t defend themseleves. I’m sorry but I care more about a human life than I do a freaking dog. Christ forgives us everyday for the things we do. He deserves a second chance & he deserves it here in Atlanta. This man sold out a dome. He made football exciting. Learn to be forgiving, stop being racist and lets get back to what we all love: Football!!!!!! Good luck Mike, I hope to see you in a Falcon uniform but if not, I’ll continue to be a fan.
By I M FREE
July 10, 2008 11:17 AM | Link to this
I see Mike Vick is STILL keeping the lights on at the AJC. Otherwise we’d be reading about how the AJC like so many other businesses was going OUT of business and laying it’s staff off.
By Moe Dirty
July 10, 2008 11:19 AM | Link to this
I think Mike Vick made the right decision to file bankruptcy.I would have done the same thing.Mark,never ask a man what he has done with his money.Only weman ask question like this, I don’t know Mark Bradley.
By Najeh Davenpoop
July 10, 2008 11:20 AM | Link to this
This is simply what happens when you can’t say “no”.
Mark Bradley, clearly like Terence Moore yesterday, you were up against a deadline with nothing to write about.
By Marc
July 10, 2008 11:20 AM | Link to this
AJC sports writers are consistently bad. Y’all never support the local teams (even though they blow), you have people like that chop chick girl who never has anything worth saying, and then people like yourself and Terrance Moore who are downright bad writers. Every time I see Terrance Moore on ESPN he makes a fool of himself. If they AJC had half a brain it would get rid of all you lousy writers and find some people who are worth a damn. I think we’re all tired of everyone of you!!!!!!!!!!! RETIRE!!!!!!
By Brad
July 10, 2008 11:25 AM | Link to this
Hey jmt Donald Trump has never filed personal bankruptcy, get you facts straight.
By The Grinch
July 10, 2008 11:27 AM | Link to this
Forgiving fan, did we ignore a local sports icon who was killing children to focus on Vick instead? Don’t quite get your logic. Also not sure how you went from condoning killing dogs in one sentence straight into talking about Christ’s forgiveness in the next.
I have always been and still am a Vick fan and I hope he gets his life on track, but some of you people need to be a bit more realistic about what a screw up he’s been.
By c. pole
July 10, 2008 11:33 AM | Link to this
Enough is Enough…the public and PETA bankrupt Michael Vick…I have had it up the moon over crazy animal rights advocates. They destroy a man’s career and are gleeful about it and for what!!! Sure Vick made a mistake…but did not deserve the punishment received…what else is dog good for but to fight and defend his master. That’s what dogs are for period!!! Ok, can anyone tell me the name of Jesus’s dog? No because he did not have one. You Fools for Stupid Dogs.
By gttim
July 10, 2008 11:33 AM | Link to this
Andre Rison School of Personal Finance.
By DecaturDog
July 10, 2008 11:34 AM | Link to this
And the cost of the daily paper just went up to 75 cents…what a joke….so is Michael Vick and his defenders….Shouldn’t you all be busy defending Jesse Jackson and putting out Elect Vernon for Senate signs illegally in right of ways? Those Escalades should hold a lot of signs for Vernon…
By jimcpa
July 10, 2008 11:34 AM | Link to this
BAnkruptcy doesn’t mean hes broke??? What kind of “broke” do you mean. His bankruptcy petition asks a court to tell his creditors and their shareholders and their families to go jump because this man can’t afford to pay his bills in full..thats “broke” anyway you cut it. Just because he is black, doesn’t mean he is hated in ATl. If he would stop giving the media fuel, the media would have nothing to write about. Just wait till the Virginia trial. He threw away the prime years of his career, is forever tarnished and will never be able to borrow again..not because hes black, but because he is super cocky, arrogant and a gangster.
By Singindablues
July 10, 2008 11:34 AM | Link to this
Awesome! We have a supposed journalist who is being paid to write a column telling us that he has no information or insights to offer on a story that is several days old.
Wow! where can I get a job like that!
By Chunk
July 10, 2008 11:38 AM | Link to this
Part of the answer is the Posse.2. assembled group: a group of people assembled for a common purpose ( informal ) The purpose being to suck all of the money out of the knucklehead who needs a Posse.
By T.C
July 10, 2008 11:39 AM | Link to this
mark bradley,why you want to know were funds went?its none of your buisness.what if someone ask you what do you do with your money every payday.for christ sake leave the man alone.as of now, you cant help but to think that your a racist undercover but want openly admit it because of your image working for AJC.this man has paid and still paying for what he did.i don’t condone what he did but the punishment don’t fit the crime.this is a divided world when it comes to race so just reading the topic,im sure you will get negative responses from heartless people like you.if mv7 was white, he would’nt get near the exposure he’s getting.im black and im not a racist i love people of all race especially white.but a blind man can see why you just wont let up,hatred racist.
By joe
July 10, 2008 11:43 AM | Link to this
K What are you talking about!!!! He is asking for a bail out of over 10 million dollars. Someone will have to pick up the tab!!!!!!!!! He was a idiot! Get over it!
By clickdawg
July 10, 2008 11:46 AM | Link to this
he’s doing the same thing that everyone else’s doing. protecting what he has left, good for him. get off mike and get on. hey bobby get off the racist comment.
By THEO
July 10, 2008 11:50 AM | Link to this
What color is he? Well there you go!
By DFA
July 10, 2008 11:52 AM | Link to this
Let’s worry about something else here like gas prices, Why worry about somebody else troubles when we have our own problems??? Michael Vicks money can’t even help him now, so let’s just keep it moving people-keep it movinnnnnnn.
By Lynne
July 10, 2008 11:52 AM | Link to this
Who has ever filed Chapter 11 and is broke? Bet you can’t name one person or company in the history of Chapter 11’s existence that isn’t financially well-off.
By DumbMark
July 10, 2008 11:54 AM | Link to this
The government stole at least 50% of his income. The fascists scumbags in d.c. call it federal income tax.
Only federal employees are supposed to pay it but they fool the people all the time into paying it.
Isn’t this the definition of trickle down economics.
Mike vick the story that keeps on giving.
By KC
July 10, 2008 11:54 AM | Link to this
To Mark B, and to Go Pats: Mark, I do not understand these bloggers suggesting you “get over Vick”. Good points made, good article. To: Go Pats: excellent point made- Banks and other creditors will not just “take it up the tailpipe”..the losses will be made up by shareholders, and customers
By Falcon Fan
July 10, 2008 11:54 AM | Link to this
If you all think that Mike Vick is broke, I’ve got some swamp…..well you know the rest. Great move Mike!!!!
By T Coll
July 10, 2008 12:08 PM | Link to this
I would file for Bankruptcy too! Why would I pay them that money when I can file and keep it all. He is not broke, he is doing what most rich people do when the money stops flowing in. If you think that he is broke you are just plain STUPID!!
* WHY DO YOU ALL CARE ANYWAY, do some WORK*
By Rusty
July 10, 2008 12:19 PM | Link to this
He buried it in the backyard with all his dead dogs.
By Unbelievable
July 10, 2008 12:32 PM | Link to this
I have honestly never seen a more pathetic sight than these Vick apologists. Good grief. It frightens me that people like this are among us.
And by the way, when someone files for bankruptcy it is in fact everyone’s business. Bankruptcy records are a matter of public record. He filed for bankruptcy and by doing so has made it everyone’s business. You can probably expect the media to be looking at those records and reporting on them in the near future, as is their right. Morever, it is morons like Mike Vick that are a drain on our entire economy. Spending more than you have effects everybody. And yes, despite all this guy’s purported riches that is exactly what he did. He spent more than he had. Otherwise he wouldn’t be filing for bankruptcy. You see folks, you don’t just live in some little bubble where you can do whatever you want. That’s not how this world works. With freedom comes responsibility. Hate to break it to you.
I weep for the future.
By Cybed
July 10, 2008 12:39 PM | Link to this
Vick is a tragedy of athletic potential wasted. While the loss of money may be tragic, it doesn’t qualify as news let alone SPORTS.
Let’s move on and let him serve his sentence and try to rebuild his life in peace.
By Stirg d'Nahsif
July 10, 2008 12:44 PM | Link to this
Is this a forum to discuss sports or is this the meeting place to throw prejudice comments? It’s typical that the person that would introduce “Bon Qui Qui” into this discussion, hides behind the name Authur Blank; much like a white man hides behind a white sheet. Your comment was received; but, in the future, you should be man enough to reveal your true identity.
Now back to the forum. Question: When you take a kid from poverty and suddenly place 90 million dollars in his lap, how do you expect him to be normal?
By vroom107
July 10, 2008 1:01 PM | Link to this
Being a dirt bag ain’t cheap.
By I M FREE
July 10, 2008 1:07 PM | Link to this
Hmmmm another man worrying about what’s in another man’s pockets…..
I wonder if Mark Lives in Buckhead?
By seldin
July 10, 2008 1:11 PM | Link to this
He had Millions…. and Millions
By Go PATS
July 10, 2008 1:19 PM | Link to this
The comments by c. pole are a little disturbing. In his post, he is trying to justify that dogs are there to protect their masters as a reason to breed them to kill other dogs. I guess I missed that defense during the court proceedings and vacation bible school. Exactly when in the process were the dogs protecting Mike. Was it when he was betting on them or executing them because the animal lost in the ring? I think he got off easy when you consider the cruelty that was involved. Last time I checked the bible, I didn’t read a scripture anywhere suggesting that Jesus was in favor of participating in an event where the goal was to bet lots of money on which dog could kick the snot out of the other dog. Could you quote me the page and verse?
Get off the black/white thing. This is not about color (unless you are trying to come up with an excuse). Nobody ever looked at Ted Bundy or Charles Manson and tried to excuse their actions because they were white and didn’t know any better. However, I am suppose to simply excuse Mike’s actions simply because of his race, you can’t be serious???
If you do the crime, you do the time. If you waste your life, you should get the negative publicity since maybe future generations can learn from your mistakes and possibly not go down the same path of destruction.
By crmeboss
July 10, 2008 1:20 PM | Link to this
Collecting 15% in the Cayman Islands!!
By sheila
July 10, 2008 1:21 PM | Link to this
Leave the man alone. These idiots did their best to make he didn’t have anything left.
By T.C
July 10, 2008 1:46 PM | Link to this
GO pats he’s doing his time, we forgive and have a unforgiving heart individually not as a race.since you want to talk bible,GOD said you have to forgive in order to be forgivin.so if GOD spoke such a law and we don’t abide by it,then that person don’t only have a problem with race but also with GOD.
By Space Mountain
July 10, 2008 1:49 PM | Link to this
Vick is gone. It pains me to think of what could have been. But he made his bed now he has to sleep in it. Where did all his money go? Does it really even matter? There is no sense in beating a dead horse. He Bradley let it go it is yesterdays news.
By Nahjay Davnpoop
July 10, 2008 1:50 PM | Link to this
you’re missing the point, bradley. vick has a lot of the money, but he also opened a lot of credit lines because he assumed he’s have constant income at least through the duration of his nfl contract. now that he doesn’t have any income and never will to the degree of 100 million dollars, he’s checking out with the government to avoid paying what he owes so that he can keep what he has.
it’s the oldest rule in the book of “thug,” along with drinking malt liquor, eating chicken and having illegitimate children.
By Former Falcons Season Ticket holder
July 10, 2008 1:52 PM | Link to this
Will someone answer this question for me…….Why is Arthur Blank STILL begging folks to buy tickets in July?? You would think that most of the Mike Vick haters would be lining up to buy tickets now that the team is full of “good character guys”. What’s the problem folks?????
I guess you knuckle draggers only blog, you don’t put your money where your mouth is…lol
By Manny
July 10, 2008 1:52 PM | Link to this
He didn’t blow the money, he filed to keep money coming out while he wasn’t making money. He will be able to payback those debts after he serves his time and you better pray sorry Matt Ryan works out and gets ticket sales and if not get ready for Vick dome to comeback, it’s about wins and money to Blank
By Duh
July 10, 2008 2:02 PM | Link to this
Bradley, get a clue! It’s bankruptcy protection … quite different than bankruptcy. He’s reorganizing the debt. But seriously, what is the point of this blog? Our entire society spends more than they make! Most people have thousands of dollars of credit card debt because they outspend their earnings. With Vick, probably same thing. Just a different level … and, oh, yes, he doesn’t have a job anymore!
By Kendall Leverette
July 10, 2008 2:10 PM | Link to this
If you know anything about finances, filing was a good decision to protect him from his creditors until he gets out of prison. If you make millions in loans from banks and have no income, they will sue to retrieve all monies in one installment.
By OMG
July 10, 2008 2:14 PM | Link to this
Really Mark, and the AJC. I don’t give a DAM. just let this guy ride off into the sunset with his possie. He is old news, bad news whatever you desire to call it, Time to move onward. GO BIRDS
By Go PATS
July 10, 2008 2:17 PM | Link to this
Hey TC,
I did not quote the bible nor did I say that I had not forgiven or gotten past the fiasco.
The quote on Jesus and dogs was made by c. pole not me, I was simply seeking clarification on where he/she would get a suggestion that Jesus would think that dog fighting was appropriate. Maybe you should scroll up and read the prior comments to understand why I made my statement..
For the record there is no need for me to forgive since there was no personal effect on me for what occurred. Nothing Mike Vick did caused me any grief since they were his dogs and his bets. I found what he did appalling but I don’t believe I need to look into my heart to forgive him.
As for serving the time, that goes beyond prison. That includes the court of public opinion on not paying to watch him play, not buying products that he endorses and not being associated with anything or anyone that he is part of in the future.
That may not be fair but you are accountable for your actions by the general public. That goes for everybody from the Dixie Chicks to Michael Vick. Bill Belichick will always be labeled a cheater for the video taping scandal, people will think everyone in bicycling and track and field are doping to get better results and Barry Bonds and Roger Clemens will forever be linked to steroids
I harbor no ill will to Mr. Vick but there is no way I am going to stand and cheer for a dog murderer. Just because he says he is sorry and goes to the pen for a few years does not mean that I need to embrace him upon his release and give him any more of my hard earned dollars. By the same token, I don’t support the other celebrities that I listed above either.
By Michael
July 10, 2008 2:21 PM | Link to this
Dayum! First no one could stand the way he Quaterbacked; then no one could stand the way he ran the ball; then no one could stand the way that we had victories, but not his statistics; then no one could breathe because he was a DOG Killer; then no one could stand the way that things kept coming up in the media (negative of course)regarding Michael & his family (Marcus); then no one could stand that he is still being considered a member of the Atlanta Falcons Organization, let alone the Quarterback; then no one could stand HIM at all, so we drafted a QB in the first round, 3rd overall in this year’s draft, so all of those people that were having hissy fits could finally exhale and move on; and now! We obviously are having a slow, lethargic, molasses, snails pace sports day, so we now have the Unmitigated Gall to wonder what Michael has done with all of HIS money! May I say it for him —— Please People, Kiss Off & Leave Me Alone!
By Hootie Bookems
July 10, 2008 2:26 PM | Link to this
Hootie doesn’t have it!!!
By jen
July 10, 2008 2:27 PM | Link to this
“Where his money went is none of your business. He is not asking you or the public for a loan or a bail-out (like some big corporations). Find something else to talk about.”
I beg to differ. My tax dollars pay for the judge, court reporter, state attorneys that will hear this bankruptcy filing as well as his current upkeep in prison. SHould his bankruptcy go through, the price of consumer goods will be driven up by those companies he has defaulted on in an order for them to recoup their losses. It is absolutely my business where his money went, because he is now a ward of the government, which is ultimately supported by my tax dollars, as well as taking money out of my pocket long term with higher prices and loan rates because of a massive default like this.
By Da Cowboy
July 10, 2008 2:30 PM | Link to this
As it’s been stated Chapter 11 is for Bankruptcy protection & usually not for individuals. Chapter 7 is losing it all & not repaying it. Chapter 13 is working out a payment plan & paying it over a period of years. Hopefully this is an orchestrated move by his lawyers to protect his money & he hasn’t squandered most of it. Where did it go? Just look at what’s been reported, based on that we know his money it went to: fund a dog fighting ring, his homies, family, pot, bad business deals, houses, cars, women, lawyers, paying off people. There’s probably more but a lot of went to all of thoes places.
As far as moving on the future, I can’t wait to see Matt Ryan throw interception after interception! He threw 19 in the weak ACC (don’t give me that bs about lack of talkent around him) so what makes people think he won’t do that in the NFL! Speaking of weak its been reported he has an average arm at best. The Falcons overacted in trying to rid themselves of the Vick stigma! Once again a mistake in judgment at QB by Mr. Blank! Hopefully my Cowboys will have a great season which will make watching the Falcons fans wallow in misery all the more enjoyable! LOL! Go Cowboys! We want #6!