Report: Vick spent $29M in 4 years

Michael Vick signed a $100 million contract extension last year. (AP Photo)

Michael Vick signed a $100 million contract extension last year. (AP Photo)

Eagles quarterback Michael Vick has filed court documents that show he spent more than $29 million since filing for bankruptcy in 2008, TMZ is reporting.

During the four-year period, Vick had income of about $31 million from his Eagles salary, endorsements and business ventures, TMZ said, citing the documents.

Vick paid out a total of $29.6 million — $10.9 million in taxes, $9.2 million to creditors, $2.7 million to lawyers and accountants and $6.8 million in child support and living expenses, according to the documents.

The former Atlanta Falcon still has $1.5 million left, TMZ reported, and that’s not counting a new contract he signed with the Eagles last year that is worth a reported $100 million, $40 million of which is guaranteed.

Vick’s financial troubles stem from his dogfighting conviction and 18 months he spent in federal prison from 2007-2009. He signed with the Eagles in 2009.

60 comments Add your comment

Obama's Food Stamps

October 3rd, 2012
5:47 pm

Obama will give him free contraceptives.

2 Live Stews

October 4th, 2012
7:37 am

VICK IS A BETTER QUARTERBACK THAN BRADY, MONTANA, RODGERS OR ANY OF THEM OTHER WHITE FOLKS. RGIII DA TRUTH. WE TAKIN’ OVER DA WORLD!

Jamie "fat" Dukes

October 4th, 2012
7:37 am

I hate the white man

John w driver

October 4th, 2012
9:27 pm

Curious George convicted felons can’t vote. Go Romney!! Thanks for taking care of the empty suit!

Mike

October 5th, 2012
11:05 pm

We are in Atlanta. Why should anyone care how much Vick spent in the last 4 years? C’mon, AJC. Let go of the past. Who cares?????

dave

October 7th, 2012
10:12 am

Vick will be broke a year out of the league.

rlm

October 7th, 2012
11:11 pm

He was not buying Ferrari’s he paid bills, creditors and taxes. I was glad when he left ATL but give hime a break.

rlm

October 7th, 2012
11:12 pm

By the way I am white. I hate the racists of both sides who are so dumb they can not read

Countryboy

October 8th, 2012
8:43 am

I dont be believe Mike have any kids other than the ones from his long time girlfriend at the time and now his wife. I see it as a smart loop hole to pay her $6.8M and keep it in the house. I could be wrong. Just my 2 cents

Lee Stu

October 8th, 2012
11:34 am

that’s the NEW bankruptcy Laws Helping out the Millionaires while making the little guy pay How do you claim bankruptcy and end up with 1.5 million left over? easy get the best lawyers and accountants surely we can afford we may be against Obamacare until we get sick and don’t have that’s Americans right But Not to afford a Lawyer against the Laws they make is a total waste Let’s get to Lawyer reform now does anyone else think reform is needed for the Laws written in our names that we don’t understand and have to pay huge sums to someone to explain all while your taxes go to the very court rooms and judges that work against you and work in Favor of Lawyers??