theGrio

Back to the Top

Main menu

Skip to primary content
Skip to secondary content
  • Home
  • Entertainment
    • Music
    • The Dish
  • Health
    • Ask Dr. Ty
    • Black Men’s Health
    • Black Women and Breast Cancer
    • Back to School Health
  • Living
    • Travel and Leisure
    • Living Forward
    • Books
  • Politics
    • Perry on Politics
  • Sports
  • News
    • Good News
  • Opinion

News

Report: Michael Vick close to financial freedom

by theGrio | March 13, 2012 at 9:13 AM
Comments
Print
Michael-Vick-Bankruptcy4X3.jpg

Related Posts

  • Woman shopping around alleged nude Michael Vick photos
  • Eagles' Michael Vick launches sports clothing line
  • Eagles place franchise tag on Michael Vick
  • Will mo' money mean mo' problems for Michael Vick?
  • Michael Vick is believed to be getting married on June 30 in Florida

Philadelphia Eagles quarterback Michael Vick is reportedly “one check away” from complete financial freedom. Vick filed for Chapter 11 bankruptcy nearly four years ago but has been paying off creditors more consistently thanks to his lucrative contract with the Eagles and endorsement deals. TMZ reports:

Michael Vick is conquering his economic demons with a VENGEANCE — tackling creditors in his bankruptcy case left and right … and TMZ has learned, he’s just a paycheck away from total financial freedom.

You’ll recall … Vick filed for Chapter 11 bankruptcy in July 2008 after the infamous dog-fighting scandal — when he lost his NFL salary and several lucrative endorsement deals. According to court docs, Vick owed approximately $20 MILLION to dozens of creditors.

But Vick’s been busting his ass to pay off his debts ever since he was reinstated with the Eagles in 2009 — in fact, according to a new filing in his bankruptcy case, he’s already reduced his outstanding debt to less than $400,000.

Click here to read the rest of this story.

  • Somalia_East_African__Wils-1.jpg
    Next Story:

    South Africa opens diplomatic ties to Somalia

  • Randy_Moss_Trade.jpg
    Previous Story:

    Randy Moss agrees to 1-year deal with San Francisco 49ers

Filed in: News, Sports | Related Topics: Bankruptcy, Creditors, Finances, Michael Vick, Michael Vick Debt, Philadelphia Eagles
  • Learn about our User Panel

    Read More
  • New Stories on theGrio

    • Obama pledges help after deadly Okla. tornado Obama pledges help after deadly Okla. tornado
    • First lady: Too many ‘fantasize about being a baller or a rapper’ First lady: Too many ‘fantasize about being a baller or a rapper’
    • White House aides learned of IRS details in April, but didn’t tell Obama White House aides learned of IRS details in April, but didn’t tell Obama
    • Is Floyd Mayweather causing his baby mama drama? Is Floyd Mayweather causing his baby mama drama?
    • ‘X-Factor’ close to signing Kelly Rowland as judge
    • Obama to visit South Africa, Senegal, Tanzania
    • Plaxico Burress launches luxury sock line
    • Beam her up: Gabby Douglas is back in the gym
  • What Your Friends Are Reading

  • More from theGrio

More Stories on theGrio

Top News

Politics

  • Glenn Beck

    Glenn Beck: NAACP ‘a joke’, Tea Partiers like ‘white lynching victims’

  • Black pastor vs. Obama at Morehouse

  • The big irony in the IRS 'scandal'

  • President, first lady address HBCU graduates

» Read More in Politics

Business

  • Tiger Woods

    Tiger Woods makes a comeback on the course, and in video game sales

  • A timeless classic: Top career lessons from ‘The Great Gatsby’

  • Boyz II Men appear in new Old Navy commercial

  • An open letter to PepsiCo on the Mountain Dew ad

» Read More in Business

Living

  • Black anti-abortion advocates

    Black anti-abortion activists see 'houses of horror' everywhere

  • Charmin bear charms autistic boy

  • Candice Glover’s Gullah roots

  • Tamar Braxton addresses bleaching rumors

» Read More in Living

Inspiration

  • Identical twins Kirstie and Kristie Bronner (Photo courtesy of Bronner family)

    Twins named Spelman valedictorians

  • DC Central Kitchen helps people struggling to join workforce

  • Man refuses to let disability hamper ability to teach

  • 'Supermom' dedicates her life to foster kids

» Read More in Inspiration

Entertainment

  • Kanye West

    WATCH: Kanye West performs on SNL

  • WATCH: 'Pacific Rim' official trailer

  • Beyoncé pregancy rumors reach fever pitch

  • Kardashian's high heels take a toll on her swollen feet, ankles

» Read More in Entertainment

News

  • DeCoatsworth

    'Hero' cop who sat beside first lady, facing rape charges

  • Full text: President Obama's Morehouse speech

  • Mourners remember Malcolm X's grandson

  • New Orleans' love affair with guns, in 'black and white'

» Read More in News

Main menu

Skip to primary content
Skip to secondary content
  • Politics
  • Living
  • Video
  • Inspire
  • Health
  • Entertainment
  • News
  • Terms of Service
  • Privacy Policy
  • Advertise with TheGrio
  • About
©2013 NBCUniversal
Powered by WordPress.com VIP