Tuesday, July 08, 2008

Vick is broke

Jailbird QB Michael Vick filed for bankruptcy protection while serving time for federal dogfighting charges. It is claimed he owes between US$10 million and $50 million to creditors. Vick filed Chapter 11 papers in U.S. Bankruptcy Court in Newport News on Monday. The seven largest creditors listed in the court papers are owed a total of about $12.8 million. The debt includes part of a signing bonus that the Falcons are seeking to recover, as well as $4.5 million owed to Richmond-based Joel Enterprises Inc., and $550,0000 owed to Radtke Sports Inc. for breach of contract. The suspended Atlanta Falcons quarterback ``will seek to rebuild his life and career'' upon his release, according to the filings.

Being in jail is bad enough without have someone else in on his ass. At 3-cents per licence plate, Mexico's got a lot of work ahead of him. Other than Michael Strahan who would have thought that having ferocious bitches on your property would have cost so much.

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