Blogging About Critters Since 2007

Wednesday, October 10, 2007

Vick May Have to Pay Falcons Back $20 Million

Ouch. Looks like Vick might be giving up more then his job and freedom.

Michael Vick has already paid a heavy price for his role in a gruesome dogfighting ring: a brilliant career on hold, the possibility of prison time, the loss of lucrative endorsement deals.

He might have to tack on another $20 million to the cost.

The disgraced quarterback lost the first round in his financial battle with the Atlanta Falcons when an arbitrator ruled Tuesday that Vick should repay most of the bonus money he got while secretly bankrolling the long-running operation.

The case is far from over. The NFL Players Association said it will appeal the ruling by Stephen B. Burbank, a University of Pennsylvania law professor and special master who oversaw last week's arbitration hearing in Philadelphia.

The Falcons argued that Vick, who pleaded guilty to federal dogfighting charges, knew he was in violation of the contract when he signed a 10-year, $130 million deal in December 2004.

The team said he used proceeds from the contract to fund his illicit activities and sought the repayment of $19,970,000 in bonuses he was paid over the last three years.

Photo and artwork by Futternut

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