Michael Vick Admits He Owns A Dog

Who let the dogs out? Vick did.

Michael Vick has finally said squarely … his family does indeed have a dog.

Via TMZ reports:

There’s been a lot of controversy over whether Vick — who served hard time for brutally killing multiple dogs, should own one again.

Vick says, “I understand the strong emotions by some people about our family’s decision to care for a pet. As a father, it is important to make sure my children develop a healthy relationship with animals.”

Vick goes on, “I want to ensure that my children establish a loving bond and treat all of God’s creatures with kindness and respect. Our pet is well cared for and loved as a member of our family.”

Vick continues, “This is an opportunity to break the cycle. To that end, I will continue to honor my commitment to animal welfare and be an instrument of positive change.”

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Michael Vick Has Reportedly Paid $29 Million In Debt In The Past 4 Years!

Jeez…

Michael Vick Has Paid $29 Million In Debt In 4 Years

According to TMZ reports:

Michael Vick has blown through nearly $30 million since filing for bankruptcy in 2008 — nearly 95% of his total income — TMZ has learned.

According to legal docs filed in his bankruptcy case, Vick made $31 million since he went belly up — that includes his Eagles salary and various endorsements and other business ventures.

The math is pretty simple — Vick had to pay a total of $29.6 mil — 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.

All tolled, Vick is now left with around $1.5 mil. That’s nothing to sneeze at, but considering what he made it’s pretty shocking.

Things are looking up for the NFLer. Vick signed a 6 year, $100 million contract in 2011 … with almost $40 mil in guaranteed money, so he won’t be poor — in rich terms — for much longer.

The one thing they forgot to add in was the cost of his lavish Miami wedding at the Fountaine Bleau.

It’s crazy to think how much the whole dog-fighting thing really cost him.

Image via AP

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MICHAEL VICKBankruptcy Destroyer

 

 

 

 

 

 

 

 

 

Michael Vick is conquering his economic demons with a VENGEANCE — tackling creditors in his bankruptcy case left and right … and TMZ has learned, he’s just a paycheck away from total financial freedom.
You’ll recall … Vick filed for Chapter 11 bankruptcy in July 2008 after the infamous dog-fighting scandal — when he lost his NFL salary and several lucrative endorsement deals. According to court docs, Vick owed approximately $20 MILLION to dozens of creditors.

But Vick’s been busting his ass to pay off his debts ever since he was reinstated with the Eagles in 2009 — in fact, according to a new filing in his bankruptcy case, he’s already reduced his outstanding debt to less than $400,000.

According to the docs, the outstanding debt is owed to Bank of America (related to one of his properties), BMW financial services, and his friendly neighborhood tax collector.

Sounds like a lot of money — but to put it in perspective … Vick earned over $11 MILLION between July and September 2011.

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