Micheal Vick is in the news again this week as everyone is monitoring his bankruptcy documents. Recently, it was revealed that he spent thousands just days before heading to prison on items such as a $100,000 S-Class Mercedes to drive his family to and from the jail during visits. Other documents reveal that he is putting his mother, Brenda Boddie’s Virginia home on the market because he can no longer afford the $4700/month mortgage and has hired a local realtor in Virginia to try and sell off the property:
To make matters worse, his mom, Brenda Boddie, won’t earn her $100K income anymore — because she works for Michael’s company, which is now kaput. The home is one of several Vick bought when he blew through more than $18 mil over a couple of years. We reached Vick’s mother at home and she politely declined to speak with us. (Source)
Mugshot Mania ~ Michael Vick 2008
Chump Change, 9 Cars & Horses = Vick’s Financial Woes
Former Atlanta Falcons quarterback Michael Vick took the above mugshot today as he arrived in court to enter his plea of guilty in Virginia State Court. Vick, currently serving a 23-month sentence in Leavenworth, Kansas on federal charges of bankrolling a dogfighting ring at a home he owned in eastern Virginia’s rural Surry County, may be eligible to leave prison early and potentially return to pro football.
Vick, 28, arrived wearing a gray suit and wrist and ankle shackles, but the restraints were removed by the time he entered his plea. The one-time Atlanta Falcons star also pleaded not guilty to a count of cruelty to animals, but that charge was dropped under his plea deal.
He received a three-year suspended sentence – far less than the maximum of 10 years he could have faced.
“I want to apologize to the court, my family, and to all the kids who looked up to me as a role model,” Vick told the judge.
Vick’s mother Brenda Boddie, brother Marcus Vick and fiancee Kijafa Frink walked in together and sat together in the front row of the gallery with other family and friends. Vick’s mother declined to comment to reporters but Marcus Vick acknowledged the family was glad the ordeal was nearly over. (Source)
In case you missed it:
Chump Change, 9 Cars & Horses = Vick’s Financial Woes
Michael Vick’s Personal Items Sold ~ (Photos)
Former Atlanta Falcons quarterback Michael Vick is still in prison and regardless of how you try to slice up his fortune, he is still richer than most. Vick went from earning millions as one of the best quarterbacks in the NFL to now earning on 12 cents an hour. His personal items have been lost through mismanagement of his fortune and in July of this year, he filed for bankruptcy protection from his creditors. While all of this is true, my heart goes out to Vick because I am one of the few who believe his case is indicative of a crazy justice system that protects animals more than it protects women. A system where a dog’s life, or shall I say, the treatment of animals takes precedence over the lives of humans. We can argue and debate the pros and cons of MIchael Vick’s case all day long, but I’ll still feel the same about the outcome of his case.
Vick’s bankruptcy filings have recently been made public and although he has been in jail since November 2007, the quarterback has managed to still spend over $17 Million dollars.
As seen below, the two-page statement lists the former football star’s payments to lawyers, relatives, and the mothers of his children. Lousy investments, security, cars, a boat, $3.5 million in “miscellaneous” transfers, and $1.1 million in checks made out to “Cash” are also memorialized in the ledger. One indication of Vick’s, um, unorthodox financial controls can be found in the recording of a $1000 check cut to his mother Brenda Boddie in October 2006. At the time, Vick gave a brief description of the payment: “chump change.” Vick’s U.S. District Court filings also included a list of the nine cars he owns: a $73,000 Land Rover is driven by his fiancee, the woman’s mother uses a 2007 Cadillac Escalade, and Vick’s brother Marcus drives a 2007 Land Rover. A 2007 Infinity is even kept in Leavenworth, Kansas–where Vick is imprisoned–for use by his fiancee, Kijafa Frink, when she visits the federal lockup. The court records also describe Vick’s financial interest in about five horses. (Source)
Precious pictures of Michael Vick and his baby were recently sold to the highest bidder. The items were located in a storage unit rented by Vick and his children’s mother in Williamsburg, Virginia. The unit had gone unpaid for some time and the company, Iron Bound Mini Storage, auctioned off the contents of the unit for a whopping 10 bucks!
It is not uncommon for people to rent storage units and leave them unattended. Maybe because they can’t pay the bill, or possibly because they just forgot. But you’d think that Mike’s people would have made sure to keep track of his valuable possessions.
The contents of the unit contained pictures of Vick and his son (Mitez), a football signed by Vick to the child which reads “Pooh, Yo Daddy love you!” in addition to other boxes packed with baby clothes, baby furniture and other items believed to be memories of Vick’s first-born boy. (Vick has 3 kids, a boy and 2 girls).
The winner of the bid, Ed Howard, has already made a profit off of his purchase by selling several items on a street corner near the unit. Several photos of the contents below:
Animal Planet has produced a new series called “Animal Witness” which is like the animal version of 48 hours or CSI. Anyway, their first episode features the Michael Vick case. The episode is interesting in that it delves into the history of dogfighting as well as Vick’s case from beginning to end.
Check out the full episode: Continue Reading…
Michael Vick’s assets are dwindling fast. As the former Falcons quarterback completes his jail time, court documents reveal that he is drowning in debt:
Vick’s Schedule of Assets and Liabilities, admittedly incomplete, were filed with the U.S. Bankruptcy Court and obtained by the Atlanta Journal-Constitution Wednesday. In the documents the imprisoned Falcons quarterback lists average monthly expenses of $12,225 and a monthly income of just $277.69. The difference is $11,947.31. Vick’s monthly income is solely derived from a benefit pension plan and does not include the wages of 12 cents per hour he earns working in prison.
All y’all Vick supporters need to put your money where your mouth is. This brother is gonna need all the help he can get!
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