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+--- Thread: Michael Vick (/showthread.php?tid=1489)
Michael Vick - Prog - 11-14-2008
RICHMOND, Va. -- Imprisoned NFL quarterback Michael Vick expects to return to pro football, according to his bankruptcy attorneys who laid out a plan to pay creditors based in part on his anticipated earnings.
"The Debtor has every reason to believe that upon his release, he will be reinstated into the NFL, resume his career and be able to earn a substantial living," Vick's attorneys wrote in a disclosure statement filed before a hearing Thursday in U.S. Bankruptcy Court in Norfolk.
The former Atlanta Falcons star is serving a 23-month sentence in a federal penitentiary for bankrolling a dogfighting ring in rural Virginia and is scheduled to be released on July 20.
Once the NFL's highest-paid player, Vick has assets of $16 million and liabilities of $20.4 million, according to the court filing in which attorneys wrote in extraordinary detail about Vick's dizzying financial mess -- listing a fleet of vehicles, properties, businesses and the extended family he supported.
A Vick attorney said a committee representing all his debtors has proposed a plan to pay off his debt. A judge scheduled a hearing for mid-December on the appointment of a trustee, which Vick's attorneys oppose.
"The committee attorney acknowledged that there's been a lot of progress, so we're hopeful," Peter R. Ginsberg told The Associated Press.
Vick still faces two state felony counts -- dogfighting and animal cruelty. They carry maximum prison terms of 10 years, but under a plea deal, Vick would serve a suspended sentence and a year of probation.
He is scheduled to appear in Surry County Circuit Court on Nov. 25.
Paul K. Campsen, another Vick attorney in the bankruptcy proceeding, said he had not had any contact with the NFL, nor had Vick. While Vick still has a contract with the Falcons, NFL Commissioner Roger Goodell would have the final say on his return, which he is counting on after he is released.
"That's the hope," Campsen said in an interview. "I think efforts will be made once we get past this."
The attorneys laid out a payment plan to Vick's creditors that includes expected NFL earnings and possible signing bonuses.
Campsen said the reorganization plan involves those expected payments and liquidation of his larger assets.
The assets include four homes in Virginia and Georgia valued at a total of $6 million; an interest in two farms; and an interest in more than 20 businesses, from a horse farm to liquor stores.
Ginsberg said if the sides can't agree in December, another hearing will be held in January. Vick was ordered to attend.
Copyright 2008 by The Associated Press
Michael Vick - Hooch - 11-14-2008
Oakland
Dallas
Washington
If he's young enough to play when he gets out, he has a spot on at least one of those teams.
Michael Vick - Securb - 11-14-2008
Hooch Wrote:Oakland
Dallas
Washington
If he's young enough to play when he gets out, he has a spot on at least one of those teams.
Dont forget the Lions, Seahawks and The Bears
Michael Vick - Prog - 11-14-2008
Not Dallas. They have Romo and won't invest 2 cents into any backup. And leave the Bears out of it.
Michael Vick - Hooch - 11-14-2008
Securb Wrote:Dont forget the Lions, Seahawks and The Bears
Those teams need QBs, but they don't have the reputation of grabbing the big name for the hell of grabbing the big name.
Michael Vick - Securb - 11-14-2008
He should do PetCo or PetSmart commercials when he gets out.
Michael Vick - Hooch - 02-26-2009
I'm sure there will be plenty of Mike Vick news and posts between now and the start of the season, so let's dig this thread back up...
Vick OKââ¬â¢d for home confinement
Quote:Imprisoned NFL star Michael Vick will be allowed to finish his sentence under home confinement because there is no room at a halfway house for him, a government official told The Associated Press Thursday.
Vick is serving a 23-month sentence at the federal penitentiary in Leavenworth, Kan., after pleading guilty to bankrolling a dogfighting operation at a home he owned in eastern Virginiaââ¬â¢s Surry County. He also admitted to participating in the killing of several underperforming dogs.
Vickââ¬â¢s lawyers have said they expected him to be moved any day into a halfway house in Newport News. But because of a lack of space, Vick will be released instead to his Hampton home at some point on or after May 21, said the official, who has knowledge of the case but requested anonymity because the individual was not authorized to discuss the matter publicly.
Vick will be on electronic monitoring and will only be allowed to leave home for activities approved by his probation officer, the official said. He is eligible for release in July.
Michael Vick - 3dR3 - 02-26-2009
Would it be in poor taste for him to adopt a dog to keep him company?
Michael Vick - Prog - 02-27-2009
Maybe he'll wind up with the Dog Pound in Cleveland.
Michael Vick - Securb - 04-30-2009
I am thinking 49ers they just got a big receiver they need someone to throw to him.