This year, Bobby Bonilla’s $1.2 million annual check from the Mets is balanced by a former NFL player’s alleged debt of the same amount.
Michael Vick has rehabilitated his image since he finished a two-year prison sentence in 2009, paid off his debt to society, and discharged all the debts he owed (more or less) through bankruptcy. Vick, whose post-game career has blossomed with his television work and, more recently, work with Sports Group Levels as head of athlete development, he has been sued for $1.2 million stemming from a 2018 loan.
David Ovalle of the The New Herald has the story. A group of creditors sued Vick in Broward County in an effort to collect. Although his home is exempt under Florida law, the plaintiffs are looking for anything they can find to seize and sell, from cars to jewelry to any memorabilia Vick may have.
Vick’s attorney has no problem with debt in general; however, he doubts the validity of the calculations.
“Michael Vick takes these matters seriously and is aware of the procedures and will ensure that all parties who are entitled to receive payment are paid,” Arthur Jones told Ovalle in a statement. “However, predatory calculations that produce absurd results should not be tolerated by the Florida courts. Therefore, all appropriate defenses will undoubtedly be used. More comment on any mischief leading up to situations like this may be available at a later date.”
Ovalle’s story also mentions a $400,000 loan Vick received in 2018 from a company that gives current and former athletes cash in exchange for future earnings. Vick apparently didn’t pay those future earnings, and that eventually turned into a $1.9 million judgment, thanks to interest. The attorney representing the group that owns the debt claims that Vick has not paid.
Along with the new lawsuit, Vick now allegedly owes more than $3 million.
These debts curtailed Vick’s efforts to improve his overall reputation in the years since authorities discovered his dogfighting habit. Other tidbits have come up (but gone largely unnoticed) in recent years that contradict the new Mike Vick.
For example, Ovalle reports that Vick has been sued twice in Broward County over financial matters. In 2017, Mercedes-Benz sued Vick after she defaulted on a car she had purchased. Also in 2017, Vick was sued for accepting $9,000 for regular appearances on WFAN radio in New York during the 2014-15 season (she was playing for the Jets) but she didn’t.
Those two are small potatoes compared to today’s financial jackpots. And yes, paying or not paying what is owed to others is a key aspect of someone’s reputation.