Michael Vick: He's finally out of debt.
Arthur Blank: He'll get $7.5 million, maybe more.
So if I read this correctly, Michael Vick just helped Arthur Blank move $7.5 million closer to getting a new stadium.
Vick’s new reported six-year, $100 million contract with the Philadelphia Eagles means he should be able to clear all of the creditors listed in his original bankruptcy, which totaled about $20 million.
Not surprisingly, the biggest creditor was the Falcons. They are owed $7.5 million from his signing bonus after he defaulted on his contract. Something about dog fighting and prison. It’s all a blur now.
Our D. Orlando Ledbetter reported back in April of 2009 that Vick and the Falcons had reached a settlement on the salary cap refund, so that part of the story is not news. But this could be: Via ProFootballTalk.com, the Falcons will seek and could receive salary cap credits, which would come as Vick returns the money.
Greg Aiello, the NFL’s vice president of public relations, told Pro Football Talk via email “that such matters are reviewed on a case-by-case basis, and that the question of whether the Falcons will receive cap credits is currently under review,” according to the website.
Theoretically, getting salary cap credits could give the Falcons’ a competitive advantage over other teams, albeit slight. At the very least, Blank can stash the $7.5 million in his building fund.
So does this mean even Falcons’ fans and Vick haters can acknowledge something good has come out of his comeback?
By Jeff Schultz
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251 comments Add your comment
Philadephia » How Michael Vick’s New Contract Helps The Atlanta Falcons – SB Nation Atlanta
August 31st, 2011
7:19 pm
[...] Atlanta Journal Constitution (blog) [...]
John
August 31st, 2011
7:21 pm
For the haters, let me throw some salt in your game: Vick 6th year of his contract is voided if he completes 35% of the snaps in the 5th year, however most top tier players always get a renewal of contract before the last year of their previous contract. Which makes Vick (31 years old) most likely to sign a contract renewal in 4 years. If he’s still playing at a Pro Bowl level in 4 years he’s more likely to sign for another $100 contract before retirement….not including the millions from the new Nike endorsement.
waynester
August 31st, 2011
7:46 pm
Sorry that M&M signed off. I still want to ask how many of those playoff games did Ryan lose all by himself? How many games has he won all by himself? It’s all rhetorical, of course,since the answer is ZERO. The same number of games Vick has won/lost all by himself. The difference is that Ryan came into the league and embraced the “TEAM” concept whereas Vick is just discovering it after being beaten over the head with it for a decade or so now….
Falcons hologram
August 31st, 2011
8:55 pm
waynester you are right wow! But here is the difference Some fans began to hate vick because of his 120 million contract which was not 120 million in real dollars AJC throw him under the bus. Ryan has a lot better team than vick every had in ATLANTA LINE, COACH, RECEIVERS AND DEFENCE. NOBODY WAS IN THE STANDS IN ATLANTA UNTIL VICK. Ryan IS A GOOD KID BUT HE IS MIDDLE OF THE ROAD QB WITH ALL THOSE WEAPONS. VICK HAD 20 TD’S AND OVER1000 YARD RUSHING AND 8 TD RUSHING IN THE SAME YEAR AS A QB IN THE HISTORY OF THE NFL IN ATLANTA WITH A RAG TAG TEAM. YOU KEEP TALKING ABOUT NOT A TEAM PLAYER VICK WAS A TEAM PLAYER HE HAD NO COACH NO OFFENCE LINE NO PRO BOWL LINE EVER WHILE HE PLAYED IN ATLANTA. HE WANTED TO BE A TEAM PLAYER CUT BLOCKING LINE MAN THAT COULD NOT EAT COULD NOT PASS BLOCK AND WHAT ABOUT THE OTHER SIDE OF THE Ball DEFENCE WERE THEY TEAM PLAYERS? REEVES KNEW HOW TO WORK WITH VICK MORA, GREG KNAPP WHAT A REAL JOKE HE WOULD MESS UP RYAN TOO. THEY FAIL EVERY WHERE THEY WENT THAT IS A FACT!!
John
August 31st, 2011
8:56 pm
Money is the great divide, those who have it, those who wish they had it and jealous of anyone especially a AA that is making more than they will in their lifetime….
John
August 31st, 2011
9:05 pm
Falcons hologram…you are right, Vick had no offensive line, Roddy White & Jenkins dropped more passes in one year than any team of record (google it, they broke records by dropping the ball) Crumpler was the only reliable receiver. Matty Ice has every resource available and still the Falcons are at best wildcard team.
PMC
August 31st, 2011
9:06 pm
Falcons sign Kelvin Haden and James Sanders. Great News!
d.carter
August 31st, 2011
9:28 pm
mike vick should pay the falcons back nothing…it was a signing bonus!
Matt "CHOKE" Ryan
August 31st, 2011
9:32 pm
Najeh Davenpoop
August 31st, 2011
10:35 am
No way Ledbetter actually reported that. His own blog filter would have blocked him from saying “Vick”.
———————————————————–
That’s funny – DEADbetter is a joke
Matt "CHOKE" Ryan
August 31st, 2011
9:34 pm
DID YOU KNOW:
Mike Vick was a ripe 22 years old when he brought the Falcons a playoff win, ending Brett Favres DOMINANCE of the NFL in the playoffs at home.
CHOKE is a DECLINING 26 Years old and Z-E-R-O Playoff wins.
You do the math
Mr Charlie
August 31st, 2011
9:39 pm
Waynster, Ryan lost as many of the playoff games by himself as he won 33 by himself in past 3 years. He is what his record says. However, he has a relatively new coach, and he is very young. Personally, I know they will have their ups and downs, but I think the long term trend is he and Smitty will grow together rather than they regress. I do think Matty as a QB has to learn how to bring it in the playoffs, as well as Smitty needs to prepare the team. And the eagles? When has a team ever won anything without and offensive line? However, Andy Reid does know how to coach them up, so it should be interesting.
Matt "CHOKE" Ryan
August 31st, 2011
9:45 pm
Mr Charlie
August 31st, 2011
9:39 pm
Waynster, Ryan lost as many of the playoff games by himself as he won 33 by himself in past 3 years. He is what his record says. However, he has a relatively new coach, and he is very young.
——————————————
He’s going to be called “very young” until he is 50
He is the same age as Aaron Rodgers and only 5 years younger than Vick, but still Z E R O Playoff wins, but getting the 1st round bye is a playoff win
Mr Charlie
August 31st, 2011
10:00 pm
Ok, Vick is 5 years older than Rogers and ryan had a ring, and the great MV7 has 3 playoff wins in 9 seasons.
So, we can agree both Vick and Ryan both pale on comparison to Rogers.
Now what we cleared that up, if Ryan manages 3 playoff wins in the next 5 years, he will have equaled the great MV7. What a lofty goal. Think about that, if he misses the playoffs in 2011, 12, 13, and wins a wild card in 14, and two playoff games in 2015, he will have equaled the great MV7. Now that would be an accomplishment that only you would be proud of.
And yes, a 1st round by is the same as winning a wild card game. It gets you the exact same thing. …Did Vick ever win 13 games in a season? Not that I recall.
Mr Charlie
August 31st, 2011
10:03 pm
Roger has a ring.
Mr Charlie
August 31st, 2011
10:05 pm
Bottom line, Eagles are getting all the hype. When has a team who got all the hype due to free agent signings ever won anything in football? Also, when has a team that has a crap offensive line ever won anything? I get the feeling ole MV7 is gonna be running for his life up there in Philly….I am glad they are gonna pay the man, because he is gonna earn it.
Mr Charlie
August 31st, 2011
10:11 pm
Really, is going 9-7 and beating some crappy 8-8 team in the WC, then getting bounced in the 2nd round any more of an accomplishment than going 13-3 and getting bounced in the 2nd round? To me, it is the exact same thing. But, somehow to choke one is far more an accomplishment than the other. it ain’t how many playoff games you win, it is how far you get.
Mr Charlie
August 31st, 2011
10:21 pm
So, under choke logic, if a WC team gets to a Superbowl, it is more of an accomplishment than a bye team getting there, because a WC team must win 3 playoff games, and a bye team only needs to win 2 Some logic. I think this argument is over, I won. Thank you, no thank you . Feel free to play again. Don’t forget to tip the bartenders and waitresses. You’ve been schooled.
Gwinnett Fred
September 1st, 2011
1:06 am
As for him paying any money back – I’LL BELIEVE IT WHEN I READ THAT THE MONEY IS IN BLANK’S BANK!
Actually, he should return more than the bonus money after coming clean that he never bothered to improve his abilities during his entire stint with Atlanta.
Testiclese
September 1st, 2011
6:31 am
The dog fighting thing, I forgive Vick. He did the crime, he paid the time.
But what he did to the Falcons…accepting ungodly amounts of money and turning in an underwhelming amount of effort…that sin is unforgiveable.
When I see him smiling as an Eagle…a very rich Eagle…I want to hurl. He used Atlanta. He’s no hero.
Boise v ga
September 1st, 2011
8:22 am
Hmm let’s see
Boise has 2 first team all americans one on the o line the other on defense. ga has one…the kicker…lmao
who is a better qb? kellen or aaron? Hmm tough one.
Who went 6-7 last year and couldn’t score a td against cf?
And the stupid fan base continues to believe. So much delusion from that fan base. It’s really scary
the Boss
September 1st, 2011
8:25 am
Yea I am sure the notoriously “nice” Philly fans would forgive and forget and have nothing but “Brotherly Love” had MV been an Eagle when he decided to piss on himself and his team/city with his thug world behavior. What a joke.
Jacket21
September 1st, 2011
8:28 am
How stupid can the NFL be. Screw me once, shame on you. Screw me twice, shame on me. Not only is he slower and dumber than before, he still has no idea how to be a QB (vs. RB). i hope with his slowing speed some giant roids LB lays him out for good and break both his legs in the process. I can’t believe how stupid NFL management is, kind of remind me of our President – but its not their money they are bieng stupid with, they’ll raise ticket prices/taxes to cover their mistakes.
AnyGivenSunday
September 1st, 2011
8:29 am
Vicks contract – It couldn’t have happened to a more undeserving, classless piece of dung.
Big Dude
September 1st, 2011
8:58 am
All these Vick lovers must be Democrats. All they can do is make excuses and blame someone else (Bad O line and Bad receivers).
True Falcon Fan
September 1st, 2011
9:05 am
Once a Con always a “CON” Vick
18th September 2011 — Put it on your Calendar
Philly cheese steak comin’ to ATL
PMC
September 1st, 2011
9:06 am
This must be fun for the sports business all around.
Insert Vick, light fuse and step away.
There’s really no reason for this or any story to be that volatile.
dean
September 1st, 2011
9:09 am
I ????? those who bash the author for writing this piece. ????? would he do that? Surely it’s not because it’s one of the largest NFL stories in, oh, maybe forever?
Vick screwed ATL, Vick sent to prison for a hideous crime. As I recall, 99.9% of every “expert” on things NFL predicted Vick would never, ever, again be a viable candidate for a STARTING NFL qb job.
I give Vick credit for being the greatest comeback story in NFL history.
Having said that, I hope he fails miserably when playing ATL. I hope he plays superbly when playing the other NFC South teams. All the other games I could give a rat’s azzzzzzzzzzzzzzz.
KevinM
September 1st, 2011
9:11 am
Where have you gone, Ron Mexico? Oh, there you are, back in the spotlight!
http://www.thesmokinggun.com/documents/crime/michael-vick-hit-sex-suit
This town will be split when the Eagles come to the Dome in a couple of weeks. All the ‘7′ jerseys will be shown on national TV all night long.
Typical Atlanta supporters showing the national audience their unbiased love for Ron.
damngooddawg!
September 1st, 2011
9:58 am
No use for Vick after he did the interview dissing the Falcons. He was treated like a king by Blank and company.
Ran Man
September 1st, 2011
9:59 am
Glad he got the $100M contract. But he will be $110M in debt in 3 years
Joe Tess Fish House
September 1st, 2011
10:49 am
Its sad win U think that he used 2 be a Flacon and now he is not. Sad the Mr Blanks turnd his back on Vick and now Vick is teain it up in Filly.
Falcons also had Matt Schwab and they trayded him 4 nuttin. He is doing grate in Huston 2.
Way 2 go Flacons.
Falcon357
September 1st, 2011
11:01 am
People get over this Dog Fighting Bull some of you right now have a dog fighting ring in your back yard so shut it. So much hate & racism going on right now. No body is talking anymore about Big Ben in Pittsburgh when he should have been locked up and the key thrown away so, shut the ………..you know what I am saying read between the lines. His name is Michael Vick……..not boy. Vick deserves a second chance and I wish him good luck. So to you fans who put MAN first, that’s your fault. This is a Team sport not one man so don’t put all your eggs in the basket just yet because, the Great White Horse Matty Ice haven’t prove himself yet either! Yes, I am a True Atlanta Falcons Fan & for the last 12 years Season Ticket Holder! Next……………………………..
dean
September 1st, 2011
12:51 pm
Hey Joe. Long time no speak to. Yeah, Schaub is certainly tearing it up in Houston. How many playoff games has he been in?
mike
September 2nd, 2011
5:04 am
Falcons have lost all 4 preseason games and the best you can do is write about Vick. Between you and channel 2 reporting on the friend of Vick kennel owner just can’t seem to let it go. He has done his time and has moved on with his life. Say what you want but Vick generated more money for Blank, the team and this city than any other person. Lets try concentrating on the present team since they are suppose to be one of the best in the NFL. Maybe the next dumb article you write will be about the fans clapping for Vick when he plays here. Remember this is a free country so they can show their admiration anyway they want.
JYD
September 2nd, 2011
8:30 am
Good for MV7. I moved to ATL just before the Vicks debacle from Chi. What’s so unbelievable is how ATL has some Vick’s fans 1st then Falcons. They keep on comparing Vick to Ryan 2 diffrent QB’s with diffrent personalities & play styles. I Say to all Atlantans wish Vick well and move on he ain’t coming back, some make it seem like the Falcons wronged Vick or it was Ryans fault.MJ went to the Wizzards from the Bulls, did we still love Jordan? yes we did, did we want him to beat up on the helpless Bulls then? No we didn’t we always want the home team to come out on top NO matter how awful we were. Look at Detroit no matter how bad the Lions have been in the last decade the Lions fans always showed up cheering on their team, will Atlantans fair weather fans and Vicks fans ever see one common goal the Falcons to successed? i wonder why Saints fans always write in your blogs bacause they know Atlanta has no really fans.
Pit Bull
September 2nd, 2011
9:42 am
What’s up with this “Matty Ice” thing is this supposed to strike some type of FEAR in other teams…lol Sounds like a name pulled out of a Hip-Hop for Dummies book by U Vick Haters….Hee..HEE !!!!!
NoFanOfGeaux
September 2nd, 2011
11:51 am
Arthur got what he asked for when he fired Dan Reeves. That being said, he has redeemed his status as owner of the Falcons. He has learned, Vick has learned, everyone has moved on.
wd
September 2nd, 2011
12:06 pm
He made a mistake and he paid for it. if philly wants to paid him that kind of money. then he’s worth it leave him alone.
Ol' Timer
September 2nd, 2011
1:24 pm
He’ll be lucky to make it four games before a serious trip to the ER and body cast.
Falcons are a hologram
September 2nd, 2011
1:31 pm
Peter king put the pipe down. Falcons Super Bowl in play sation football ? win one first, unit till then you are just a hologram!
Top Dawg
September 2nd, 2011
3:47 pm
Nothing good….He should pay King Arthur the whole $100 million.
and be castrated by a pitbull.
Here is Hope
September 2nd, 2011
4:04 pm
Here’s to hoping MIchael Vick has a career ending injury early in this football season!!!! He is still scum, a punk, and nothing but a THUG!
M&M
September 2nd, 2011
7:05 pm
Lance Briggs wants out of chicago. I think the Falcons should make a run for him !
Shiri
September 3rd, 2011
1:48 pm
We don’t need a new stadium, what’s wrong with the one we have??
Matt "CHOKE" Ryan
September 4th, 2011
2:18 pm
2004 & Counting.
Why can’t another Falcant “One Dimensional” qb win a freakin playoff game
Jeff the only Falcon Fan in Nashville
September 5th, 2011
3:09 pm
we all know how capable and awesome the guys athleticism is; we , unfortunately , presumed
that the onfield savvy he displayed -which requires lightning mental reflexes as well- meant that
he was conducting his life in a professional manner back then. He was not.
It will always be another lame twist & a historical blurb but it truly was a crap taken on the city of Atlanta football fans due to their own negligence. I cannot recall a single news article or tv / sports news piece on any good Samaritan , local feel-good related to his helping the community – about Michael or his off gridiron life. He was running with thugs and psychophants with millions to burn and got into a jam for a cultural ( dog
fighting continues , btw) oversight and no one ‘where it counted ‘ looking out for such a youngster
who had millions of his own and others money. Atlanta , when you hold your stars near , make sure that it is a complete endearment and that you know who ya chose to adore. It wasn’t so much a betrayal as it was a race thing – there are neighborhoods w/in 50 miles of the capital of Atlanta where huge dogfighting rings have fresh blood in them as I type this. think of the dogs and you’ll no longer pine for Michael.
Butch
September 5th, 2011
6:56 pm
Philly fan here…just wanted to let you Atlanta people know that MANY Millions of Eagles fans in Philly and around the country do NOT want the sick dog killer Vick on our team. We feel owner Jeffrey Lurie shoved Vick down the fans throats and sold his soul for Vick.
WE would love to have Philly born and raised Matt Ryan, but you guys will enjoy him taking the Falcons to the Super Bowl.
supamusic25
September 6th, 2011
8:56 am
waynester….amen i like vick as a human being, and i’m glad to see him take full advantage of his 2nd chance…but wishing him luck on a sb win, i will not not do that sir..i pray to the football gods that no one will make it above the falcons.. ps…vick is no longer my CONCERN, not even the 7 million…it’s that darn aaron rogers and tha pack..if our focus isn’t on them then we’ll be at home wit philly watching playoffs
supamusic25
September 6th, 2011
9:03 am
M&M lance briggs is a complainer …he’s never gonna b happy’ u can make him highest paid lb in nfl history and if any lb gets a bigger contract then it’s nothing but crying from lance…i’d rather struggle than have a crying quitter in ATL
supamusic25
September 6th, 2011
9:21 am
can’t b black and make mistakes in U.S…..but we as black men already know this…but we do what we do anyway….black doesn’t equate stupid….we’ve just managed to find a way to relate it to stupid acts…and vick was just a man who found a way for his act to cost millions….I heard journalist say that MV would have been better off if he’d beaten a woman, amazing thing is 1 of u are going to beat yo lady bcuz stupidity rules us….long storyshort MV fought dogs bcuz he’s stupid….he was punished harshly bcuz he’s black….two sexualassault charges and big ben only got 5 games suspension life is better when ur white i imagine…but when ur my color..man it is what it is …hard