What Would You Do with $1.6 Million if You Didn’t have to Pay Your Debts?
August 27th, 2009
That is the question that Michael Vick is asking himself right now. The judge in Michael Vick’s bankruptcy has approved a plan to repay Michael Vick’s creditors, but Michael Vick does not have to pay any money from his $1.6 million salary this year.
It hinges on Vick liquidating an estimated $9 million in assets, including houses, boats and high-end sport utility vehicles. He would not have to pay creditors during the first year with the Eagles.
He will have to liquidate $9 million in assets including high end SUVs, houses, boats etc, and his future salary (if he has one) will then go towards paying down remaining balances over the years.
Michael Vick walked into the courthouse looking smug and happy. As a person that has exhibited sick and twisted behavior in the past, it may not be a surprise that he would appear jubilant after walking out of prison with a brand new fortune.
Now that the courts have removed the burden from him of having to pay debts with his massive salary this year, can we actually expect that Michael Vick might donate 80-90% of his salary to REALLY start repaying his debt to society? Not likely.
His illegal gambling rings, sucked a number of people into gambling, drugs, dog fighting, animal cruelty and more. He served almost 2 years in federal prison funded by tax payers. He also happens to owe is legal team over $2 million for the bankruptcy case. Any bets on whether that $1.6 million goes to lawyers or to actually helping society?
More on similar topics:
- Michael Vick – Banking on Debt Dismissal in Jail & Triumphant Return to the NFL with New Fat Salary? When we first started this website we had several goals to seek justice, which was being abused and to prevent Michael Vick from harming the...
- After Moving to Bankruptcy Friendly Florida – Vick Files to Save his $2 million Miami Condo Michael Vick, following in the footsteps of other superstars, has finally done the predictable and filed for Chapter 11 bankruptcy. As you may recall, he...
- How to Buy Your Job Back from the NFL for $22 Million Vick has been temporarily suspended from the NFL, but what will it cost for him to play again? The opening bid might be $22 million. ...
- After Playing Dogs to Death, Vick is Playing NFL Fans for Chumps The same guy that took hundreds of millions of dollars fan dollars through the NFL and sponsors, and then used that money to buy dogs...
- Michael Vick SOL and out of $24 million Plus We’ve all talked about how Michael Vick seemed to waste over a hundred million in potential earnings and contracts. Potential earnings, even though they...
20 Responses to “What Would You Do with $1.6 Million if You Didn’t have to Pay Your Debts?”
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And yet another non issue.
He pays people back next year. YAWN.
Move along housewives, nothing to see here.
lol you might as well just start using the user name of “Rich, who thinks everything is a non-issue”
Only when you change your name to “guy who is making money off of the housewives of the midwest”.
Your “article” states he looked mean and then tried to create an issue with the fact that he is going to pay those he is debt to next year instead of this year.
again non-issue. Even the 20 followers on your site did not find it appealing anough to comment.
I said ’smug and happy’.
Happy is not the same thing as mean.
The definition of smug: marked by excessive complacency or self-satisfaction;
If you want to double check, just do a find on the text on this page for the word ‘mean’ you will find it in your comment and my rebuttal but not in the article.
Separately, it doesn’t matter if we have 18 or 20, 10 or 100 visitors, but to be accurate we have had 26k visitors this month. Those visitors viewed over 65k pages on the site and stayed on the site on average at least 3 minutes.
The large majority of our visitors came from New England, with the next groups comprising the east coast.
We have approximately 340 regular subscribers via feed or email.
Fortunately, Rich your efforts as one of our biggest content contributors has paid off.
I will agree that I am your biggest contributor. But don’t thank me for you traffic, a couple papers picked up your site and wrote articles about it, that is the reason for the 26K traffic, (which is probably BS but, whatever). But the fact remains 26K stopped by but only 20 actually stayre to read. Won’t be long
So how much are you making off this site??
What is the point of this website?lol
Not sure Ralph, I think it is basically to make about 18 guys in the midwest hungry because their wives are on here reading this jibberish rather than making dinner.
Oh, that and the guy running it is making a couple of bucks.
Seems like Rich, Ralph, and Rick have a lot of time on their hands! They have nothing better to do than read sackvick.net and make wisecracks. LOL
It is fun to read, what can I say? I am caught up in the Midwestern Housewives Rebellion. I just wish I could have cashed in on it like this guy.
I’ve given you the tools to try this yourself. Give a man a comment block, and he can talk for a few minutes, teach a man to blog and he can talk for a lifetime.
Yeah, this guy is making probably making a buck off it. And Michael Vick isn’t the only psychopath in the NFL, and the fuss will probably all die down, and you and Ralphie and Rick will have to find somebody else to annoy.
So forgiving my fellow man his transgressions is annoying? You will fit right in here.
You are now an honorary member of the midwestern housewives rebellion. Your numbers have now swelled to 21, congrats.
I can forgive Michael Vick, but that doesn’t mean I will play a part in funding him ever again.
No DL you cannot ever forgive Vick, you have made that clear on more than one occasion.
What happens to this website if he comes out and does have the positive effect on dog fighting that Lurie and the eagles want him to?
The Eagles so far have made it pretty obvious that they do not care about dog fighting. They have paid the issue lip service after hiring Michael Vick. When they do something substantial, I will reconsider the Eagles merits.
Regardless, as I’ve mentioned before having the king of the dog fighters, a person that spent his NFL millions torturing dogs for fun, doesn’t deserve a seat at the table to teach and preach to other people why his crazy, sick and twisted blood sport hobbies are bad.
I don’t care if he comes to the table with $10m $50m or $100m coming from Michael Vick, its blood money.
I forgive him, but that doesn’t mean we have to enable him to become a hero after earning his street cred as a dog killer.
Acting as the worst offender, is not the right career path to becoming a philanthropist.
yeah, i can forgive my fellow man. but do i have to watch him play football too?
No, by all means turn off the TV. Take up cooking.
i doubt anyone who hates vick on this website was a serious football fan to begin with.
Not too many haters here, but everyone is entitled to suspend their belief.
Anybody know how to get in touch with Michael Vick so he can “pay” the humane society for his remorseful attitude?