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Michael Vick Has Spent An Incredible $29 Million In The Last 4 Years
In the last four years Philadelphia Eagles quarterback Michael Vick has raked in a fortune from his NFL salary and various endorsements, but the money is being spent at an alarming rate.
TMZ reports that Vick has gone through $29 million, or roughly 95% of his total income since filing for bankruptcy in 2008.
The QB made $31 million during that time period. "Of that, $10.9 went to taxes, $9.2 mil went to creditors, $2.7 went to lawyers and accountants, and the rest is for various things, including child support and living expenses." That leaves Vick with $1.5 million, which is nothing to sneeze at, but he's still taken a huge financial hit.
The good news is that he signed a 6 year, $100 million contract in 2011 with the Eagles. That includes almost $40 million in guaranteed money. That will hopefully ensure that the 32-year old player won't be hurting for money even after his career is long over with.
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Comment
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Comment by HotCarl on October 3, 2012 at 1:56pm -
these athletes ether themselves all the time. don't geel sorry for any of them
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Comment by HIP HOP SAVIOUR'S on October 3, 2012 at 4:59am
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this article is dumb. why make look like he's spending his money on cars and shoes? smh
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Comment by Doc on October 2, 2012 at 9:51pm -
Vote Romney for lower taxes jeeyuh
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Comment by Body Cible on October 2, 2012 at 7:59pm -
see them tax numbers. No wonder no body wants to pay them. thats damn near 33 percent of his s*** right there. F*** the IRS
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Comment by Emir Tijerina on October 2, 2012 at 5:37pm -
why the f*** are sum of u idiots saying this post makes it seem like he going broke??? thats NOT AT ALL what the post is saying!! Vick has that money to blow!# dude is rich! he just catching up on all his pymnts!!!
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Comment by Coogie'YO,OnlyIfYouLanguishTruth on October 2, 2012 at 5:26pm -
Vick should'nt roll that deep...The entourage will kill
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Comment by MimE-FreAK on October 2, 2012 at 2:43pm -
The n**** paying his bills from when you got locked up...NOT EVERY BLACK MALE OWES THE IRS
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Comment by CORYLAVEL on October 2, 2012 at 12:39pm -
dude not broke he got 100 million dummies
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Comment by Ghostbust on October 2, 2012 at 12:36pm -
Cosign @Jullsan.
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Comment by Jullsan on October 2, 2012 at 12:22pm -
*smh* Stupid article making it look like he's wasting money on unnecessary things.
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