Philadelphia Eagles star quarterback Michael Vick may have gotten back into the full swing of an NFL season, but his financial issues continue to be a burden. It has been reported that since Vick filed for Chapter 11 bankruptcy back in 2008, he's spent over $29 million, according to TMZ.
Court documents filed by Vick show that he had an income of roughly $31 million. This money, which he made during the 4-year period, stemmed from his Eagles salary, various endorsement deals, and other business ventures.
The veteran quarterback shelled out a total of $29.6 million, according to the court documents. The majority of his $31 million income was for taxes. The rest trickled down to creditors, lawyers, accountants, child support and living expenses.
This leaves Michael Vick with just $1.5 million. But despite his financial woes, it seems as if he'll be just fine. In the summer of 2011, Vick signed a staggering 6 year, $100 million contract with the Philadelphia Eagles with $40 million guaranteed. Michael Vick won't be broke for long.
Source: tmz.com
