Mike Vick laughing all the way to the BANK!

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ayo4yayo

ayo4yayo

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#1
Jul 25, 2007
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#1
Vick and the Philadelphia Eagles agreed Monday to a six-year contract that again makes the Pro Bowl quarterback one of the highest-paid players in the NFL. NFL Network's Michael Lombardi reported the contract is worth $100 million, according to a league source, and NFL Network insider Jason La Canfora also cited a league source in reporting that $36 million is guaranteed.

http://www.nfl.com/news/story/09000...ith-36m-guaranteed?module=HP11_headline_stack

Talk about a roller coaster ride in the last couple years of his life.
 
5-Dime NwK

5-Dime NwK

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#3
Nov 1, 2004
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#3
Excited to see his o-line allow him to get destroyed. Hope he can keep running around the back field, if he doesn't, it's curtains.

Eagles have no o-line. Why else did they sign V. Young.
 
V

V

Sicc OG
#4
Apr 25, 2002
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  • V

    V

Mike vick is balling on you suckas.....


Hope he doesn't get hurt...dude gets hit alot....mike vick ftw!
 
thascary1

thascary1

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#7
Mar 16, 2005
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I hate what he did, i dont think he got nearly enough time for what he did. but you know what? he did the time given to him and so far has seems to be a better man, so therefore good for him! Hope he doesnt squander his opportunity this time.
 
MRTHECOSE

MRTHECOSE

Sicc OG
#8
Oct 30, 2002
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#8
it dont matter the time he did it matters if he changed like you said scary u can see he is changed. so props to mike vick for bouncing back from all that negative shit in his past and all teh negativity in the present. shits not easy to deal with and maintain high productivity in any job.. he didnt crack.. he a strong dude
 
2-0-Sixx

2-0-Sixx

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#13
May 13, 2002
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Seattle
www.socialistworld.net
#13
You gotta look into the details, though.

Most Of Michael Vick's New $100 Million Contract Is Already Spent

http://www.businessinsider.com/michael-vicks-40-million-creditors-2011-8

The plan also anticipated Vick's big upcoming payday, arranging it so that the more money he makes from football, the larger the percentage of his income gets devoted to creditors.

For example, last year he made about $5.25M playing for the Eagles and 25% of that was allocated to creditors. This year, his income will soar to approximately $16M per season, meaning that 40% will now be automatically redistributed to various debts.

Add in state, local, and federal taxes and that means more than two-thirds of Vick's new contract is already spoken for. That would make the take home pay on his "$100 million" deal (assuming he only collects the guaranteed portion) closer to $12-13 million.
​
 
:ab:

:ab:

blunt_hogg559
#15
Jul 6, 2005
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i don't think he's getting garnished. i think he's paying his creditors back, via bankruptcy proceedings.
 
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