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this is a discussion within the NFL Community Forum; Report: Michael Vick has gone through $29 million since 2008 | Shutdown Corner - Yahoo! Sports...
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10-03-2012, 07:49 PM | #1 |
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Mike Vick 29 Million Gone 29 million
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10-04-2012, 04:40 AM | #2 |
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Re: Mike Vick 29 Million Gone 29 million
I bet 10 million was legal charges, hiring lawyers etc
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10-04-2012, 07:10 AM | #3 |
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Re: Mike Vick 29 Million Gone 29 million
I'm sorry, but you can still live pretty well on $1.5 million with $35 million guaranteed in today's economy. |
10-04-2012, 08:38 AM | #5 |
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Re: Mike Vick 29 Million Gone 29 million
One, I do not like him. Two, I do not see how the NFL, why, took him back. Next, he is , has ben paid an obscene , crazy, multimillions x 10, amount of pay and I really don't think he is that good.
Losing money...not knowing how to handle that kind of money, it is all really sad. He is still due 35.5 mill , it will be interesting to see what will be left after that. |
10-04-2012, 11:34 PM | #6 |
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Re: Mike Vick 29 Million Gone 29 million
Just plain crazy
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10-04-2012, 11:50 PM | #7 |
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Re: Mike Vick 29 Million Gone 29 million
Originally Posted by SloMotion
There are different levels of bankruptcy. Vick could've filed for Chapter 13, which is basically a court supervised payment plan that allows you to protect valuable assets, like real estate.
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10-05-2012, 05:56 AM | #8 |
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Re: Mike Vick 29 Million Gone 29 million
Originally Posted by Tobias-Reiper
He filed for Chapter 11 and has been living on some sort of debt-reorganization plan that allows him $300,000.00 a year for living expenses since getting out of prison.
What a mess. Trustee in Michael Vick Chapter 11 Case Files Adversary Proceeding - National Bankruptcy Forum |
10-08-2012, 10:57 PM | #9 |
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Re: Mike Vick 29 Million Gone 29 million
And he'll be the first to sue the NFL for something when all his money is gone.
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10-09-2012, 11:39 AM | #10 |
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Re: Mike Vick 29 Million Gone 29 million
To many shots to the head.
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