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Michael Vick gets over..

Posted: Tue Aug 30, 2011 12:19 pm
by jiminphilly
PHILADELPHIA -- Michael Vick is really back on top now.

Vick and the Philadelphia Eagles agreed on a six-year contract on Monday that again makes the Pro Bowl quarterback one of the highest-paid players in the NFL.

A league source told ESPN's Andrew Brandt the deal is worth $100 million and a league source told ESPN NFL Insider Adam Schefter that it contains roughly $40 million guaranteed.

Vick has come a long way since spending 18 months in federal prison on dogfighting charges. He led the Eagles to the NFC East title last year, was the starting quarterback in the Pro Bowl and was the AP Comeback Player of the Year.

"I'm very happy we were able to reach an agreement with Michael on this long-term contract," Eagles coach Andy Reid said in a statement. "It's a product of all the hard work Michael has done to better himself over the last couple of years, both on and off the field. I'm very proud that he has been able to achieve success again in this league, but he'll be the first one to tell you that there is a lot of work yet to be done by him and this team as a whole.

"And there's no doubt in my mind that he will continue on that path."

Vick was due to earn slightly more than $16 million this season after the Eagles designated him the franchise player in February. He'll make a little less, possibly giving the Eagles salary cap flexibility to give Pro Bowl wide receiver DeSean Jackson an extension.

The 31-year-old Vick joined the Eagles in 2009, and played sparingly as the third-string QB behind Donovan McNabb and Kevin Kolb.

He started last year as the backup, but forced his way into the starting role with his exceptional performances after Kolb got hurt in the season opener.

Vick, the No. 1 overall pick in the 2001 draft, once was a megastar with the Atlanta Falcons. He signed a $130 million, 10-year deal in 2005 that made him the top-paid player in the league then. But Vick lost it all when he went to jail and he eventually filed for bankruptcy.

He was reviled by fans when he came back, but has won them over with good behavior off the field, a humble attitude and spectacular play.

In the September issue of GQ, Vick says that he consulted with commissioner Roger Goodell before signing with Philadelphia.

"I think I can say this now, because it's not going to hurt anybody's feelings, and it's the truth," Vick says. "I didn't want to come to Philadelphia. Being the third-team quarterback is nothing to smile about. Cincinnati and Buffalo were better options."

The article states: "After meeting with Commissioner Roger Goodell and other reps from the NFL, Vick was convinced -- and granted league approval -- to sign with Philly."

Vick is then quoted saying: "And I commend and thank them, because they put me in the right situation."
They overpaid.

Re: Michael Vick gets over..

Posted: Tue Aug 30, 2011 2:10 pm
by Screw_Michigan
I guess all the balck fans who became Vick fans after he got sent to prison can't blame the WHITE MAN anymore for holding him down.

Re: Michael Vick gets over..

Posted: Tue Aug 30, 2011 4:19 pm
by Shoalzie
Did they really have to go up to $100 million for this deal? I have to imagine he's the only player in NFL history to sign two contracts over $100 million. He obviously didn't see all of that money from the Falcons deal before they threw him in the clink. He's 31 and missed a couple years with prison and he was a backup his first year back...he's got decent mileage left. I'm guessing they get a few good years out of this deal before he breaks down with injury at the back end.

Re: Michael Vick gets over..

Posted: Tue Aug 30, 2011 4:22 pm
by Screw_Michigan
Shoalzie wrote:Did they really have to go up to $100 million for this deal?
$40 mil is guaranteed.

Re: Michael Vick gets over..

Posted: Tue Aug 30, 2011 4:31 pm
by Dinsdale
Screw_Michigan wrote:
Shoalzie wrote:Did they really have to go up to $100 million for this deal?
$40 mil is guaranteed.
I'm guessing the Eagles have outs up the yinyang for this one.

Re: Michael Vick gets over..

Posted: Tue Aug 30, 2011 4:38 pm
by indyfrisco
Dinsdale wrote:I'm guessing the Eagles have outs up the yinyang for this one.
You betcho ass muthafucka!

Sin,
Image

Re: Michael Vick gets over..

Posted: Tue Aug 30, 2011 5:44 pm
by jiminphilly
Dinsdale wrote:
Screw_Michigan wrote:
Shoalzie wrote:Did they really have to go up to $100 million for this deal?
$40 mil is guaranteed.
I'm guessing the Eagles have outs up the yinyang for this one.
The standard NFL Contract has a Good Conduct Clause of which Goodell retained sole arbiter for disputes after the new CBA. He's given Vick his ONLY second chance and put his career on a "t" for Vick to hit a homerun. It only takes 1 major misstep and Vick loses a shit load of money in terms of the Eagles and the endorsements he's getting.

I don't think Vick's character will be an issue through this contract, but his ability to stay healthy will. That's why I think the Eagles overpaid.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 12:42 am
by mvscal
jiminphilly wrote:They overpaid.
For a one year wonder? Yeah, I'd say so. What a completely ridiculous contract.

I'm going get a good laugh when this shit team comes apart at the seams.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 1:24 am
by Joe in PB
The guy I saw last season was much better than when he played in Atlanta. Did the Eagles over pay? Take a look around the league at all the garbage at QB. His contract averages 16.7 mil a year, a lot, but guys like Matt Cassel & most high QB draft picks are much more highly paid IMO compared to what they've shown. Jim WTF do you care? The guy you wanted was Kolb, :lol: who is getting a nice pay check too btw, but who's resume is much less impressive. Lets be honest, the Eagles wouldn't have done squat last season with their subpar Oline & Kolb behind center. Andy Reid knows it, hence the nice payday.

If the Eagles fail, it'll be because their Oline & LBs didn't get the job done.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 1:33 am
by jiminphilly
mvscal wrote:
jiminphilly wrote:They overpaid.
For a one year wonder? Yeah, I'd say so. What a completely ridiculous contract.

I'm going get a good laugh when this shit team comes apart at the seams.
They're too good on the defensive side of the ball not to win 10 games. (insert name) Redskins QB and Sheli Manning against the Eagles secondary?

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 1:37 am
by jiminphilly
Joe in PB wrote: Jim WTF do you care?
I'd like the team to win a Super Bowl in my lifetime.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 1:19 pm
by BSmack
Looks like Vick won't see anything near his 40 million guaranteed after this creditors get done with him.

http://profootballtalk.nbcsports.com/20 ... -contract/

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 1:43 pm
by Goober McTuber
They can still collect after he declared bankruptcy?

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 1:51 pm
by Screw_Michigan
Goober McTuber wrote:They can still collect after he declared bankruptcy?
Obviously he's not bankrupt anymore, asshat.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 2:02 pm
by DallasFanatic
Joe in PB wrote: If the Eagles fail, it'll be because their Oline & LBs didn't get the job done.
This comment is spot on. While I hate the Eagles with a passion, my therapist has told me to let it go and reminded me its not too often a black quarterback gets the team to the promised land. If the Eagles fail it will probably be because the oline let a blitz or ten through and sidelined Vick or the LB's had hard time covering the middle of the field against RB's and TE's. I can see the Eagles being pretty aggressive on defense and I'd bet a bunch of teams are thinking screens and pick plays all day long.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 2:03 pm
by Goober McTuber
Screw_Michigan wrote:
Goober McTuber wrote:They can still collect after he declared bankruptcy?
Obviously he's not bankrupt anymore, asshat.
Yes, but bankruptcy typically wipes out debt and people are free to start out over again. I’ll take an opinion from one of our lawyers, not the guy who cleans up after them. Bunghole fedora.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 2:07 pm
by Screw_Michigan
http://sports.espn.go.com/nfl/news/story?id=4425724
The plan approved by Santoro was supported by all but one creditor, which is owed $13,000. It hinges on Vick liquidating an estimated $9 million in assets, including houses, boats and high-end sport utility vehicles and future NFL earnings. He would not have to pay creditors during the first year with the Eagles. If successful, creditors would be paid in six years.
Get fucked, cunt.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 2:13 pm
by Goober McTuber
Screw_Michigan wrote:http://sports.espn.go.com/nfl/news/story?id=4425724
The plan approved by Santoro was supported by all but one creditor, which is owed $13,000. It hinges on Vick liquidating an estimated $9 million in assets, including houses, boats and high-end sport utility vehicles and future NFL earnings. He would not have to pay creditors during the first year with the Eagles. If successful, creditors would be paid in six years.
Get fucked, cunt.
You still didn’t answer the question, you legendary retard. Slip on a jizz-puddle and fracture your empty skull.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 2:17 pm
by Screw_Michigan
I know you're really not this obtuse in real life, you just pretend to be on this board. It's kind of like how AP runs around in women's panties. Anyway, why do you think that a bankruptcy judge and/or creditors wouldn't be involved in a publicly awarded deal like this? Yeah, he signed a binding bankruptcy deal two years ago that would have paid off his debts in six years. Don't you think, considering his high-profile and potentially lucrative employment, there would be a clause in his deal where if he came into a ton of money, it would play into his bankruptcy? Quit playing stupid and leave that up to shutyomouth.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 2:23 pm
by Goober McTuber
I didn’t know anything about his bankruptcy deal. I have no personal experience with bankruptcy. I just figured he went Chapter 7, had his assets liquidated and his debts discharged.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 6:22 pm
by Go Coogs'
He'll never see all $100million. Black quarterbacks never see all of their money. Just ask McNabb.

Re: Michael Vick gets over..

Posted: Wed Aug 31, 2011 11:09 pm
by mvscal
Goober McTuber wrote:Yes, but bankruptcy typically wipes out debt and people are free to start out over again.
Only if you file under Chapter 7 and even under chapter 7 not all debts may be discharged. Vick filed under Chapter 11 which is more of a reorganization rather than a complete liquidation. I'm guessing he didn't pass the means test to file under c. 7.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 5:13 am
by BSmack
Goober McTuber wrote:They can still collect after he declared bankruptcy?
You obviously didn't bother to read the link I posted. Because if you did you would know that Vick's finances are under the control of a bankruptcy trustee appointed by the court that heard Vick's bankruptcy case.

Here's another article that explains it in even more depth. Try to read this one before attempting to manually plunger rape yourself again.

http://www.bloomberg.com/news/2011-08-3 ... itors.html

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 12:47 pm
by Goober McTuber
BSmack wrote:
Goober McTuber wrote:They can still collect after he declared bankruptcy?
You obviously didn't bother to read the link I posted. Because if you did you would know that Vick's finances are under the control of a bankruptcy trustee appointed by the court that heard Vick's bankruptcy case.

Here's another article that explains it in even more depth. Try to read this one before attempting to manually plunger rape yourself again.

http://www.bloomberg.com/news/2011-08-3 ... itors.html
Like I said, bitch, I have no experience or familiarity with bankruptcy law. That’s why I asked the question. mvscal provided the most succinct answer. If you honestly believe this constituted some kind of “manual plunger rape”, well, your standards just aren’t that high.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 1:07 pm
by MgoBlue-LightSpecial
Hi Sam. This thread is begging for your intervention: viewtopic.php?f=3&t=36184

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 3:04 pm
by jiminphilly
Sudden Sam wrote:
jiminphilly wrote: I'd like the team to win a Super Bowl in my lifetime.
They had their chance. McNabb choked...and puked.

Worst time management in the league's history.

With the exception of the Offensive line, the team they are fielding this year is potentially better than that SB team. But the coach is the same and even with the talent they have on defense, Jim Johnson has proven to be a very difficult coach to replace.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 4:42 pm
by BSmack
Goober McTuber wrote:I have no experience or familiarity with bankruptcy law. That’s why I asked the question. mvscal provided the most succinct answer. If you honestly believe this constituted some kind of “manual plunger rape”, well, your standards just aren’t that high.
You didn't need any experience in bankruptcy law. You just needed a functioning cerebral cortex and enough common sense to read the links already posted.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 5:17 pm
by Goober McTuber
BSmack wrote:
Goober McTuber wrote:I have no experience or familiarity with bankruptcy law. That’s why I asked the question. mvscal provided the most succinct answer. If you honestly believe this constituted some kind of “manual plunger rape”, well, your standards just aren’t that high.
You didn't need any experience in bankruptcy law. You just needed a functioning cerebral cortex and enough common sense to read the links already posted.
I was surprised to see that he was still paying creditors after going through bankruptcy. I assumed he would have cleared his debts. There was no explanation in the rather skimpy article as to why he was still paying creditors. Hence, my question.

I’m sorry I don’t have your familiarity with bankruptcy law, but then, I didn’t lose my job three years ago.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 5:23 pm
by Dinsdale
Goober McTuber wrote: I was surprised to see that he was still paying creditors after going through bankruptcy. I assumed he would have cleared his debts.
In a rather weak nutshell -- depending on the process, they factor in one's potential ability to pay down the road before they excuse debts.

With his sentence, he had a high likelihood of earning large sums when he got out... which he has.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 5:30 pm
by Goober McTuber
Dinsdale wrote:
Goober McTuber wrote: I was surprised to see that he was still paying creditors after going through bankruptcy. I assumed he would have cleared his debts.
In a rather weak nutshell -- depending on the process, they factor in one's potential ability to pay down the road before they excuse debts.

With his sentence, he had a high likelihood of earning large sums when he got out... which he has.
Fair enough. That's what I was looking for from the start.

Re: Michael Vick gets over..

Posted: Thu Sep 01, 2011 5:34 pm
by BSmack
Goober McTuber wrote:
BSmack wrote:
Goober McTuber wrote:I have no experience or familiarity with bankruptcy law. That’s why I asked the question. mvscal provided the most succinct answer. If you honestly believe this constituted some kind of “manual plunger rape”, well, your standards just aren’t that high.
You didn't need any experience in bankruptcy law. You just needed a functioning cerebral cortex and enough common sense to read the links already posted.
I was surprised to see that he was still paying creditors after going through bankruptcy. I assumed he would have cleared his debts. There was no explanation in the rather skimpy article as to why he was still paying creditors. Hence, my question.

I’m sorry I don’t have your familiarity with bankruptcy law, but then, I didn’t lose my job three years ago.
It was two years ago. Update your damn spreadsheet.