Mike Vick Is Quickly Becoming Broke
If things keep going the way they are, by the time Mike Vick gets released from the pokie, he may have to borrow some money from Marcus; because that money that the judge said that he could keep is rapidly being circulated in other directions, to other people.
According to the AJC, Vick has now been ordered to pay out $1.1 million to Wachovia Bank to pay back a defaulted loan on a liquor shop and a restaurant.
A summary judgment in favor of Wachovia against Vick was granted in the amount of $1,117,908.85. The figure represents the initial principal balance outstanding ($937,907.61), interest accrued as of Dec. 4, 2007 ($14,596.97), additional interest accruing from Dec. 4, 2007 to May 13, 2008 ($32,507.51 – 161 days at $201.91 per day), outstanding fees ($305.83), overdrawn accounts ($34,064.72) and attorneys fees ($98,526.21). Further interest could be accrued.
Remember that this judgment comes on the heels of Vick being ordered to pay out 2.5 million to the Royal Bank of Canada.
Lets see…2.5+1.1=3.6; add a bunch of zeros equals about 3.6 million dollars, to be added to lost pay, lost endorsements, and lost merchandise sales. Damn, Vick couldn’t have gotten rid of any more money if he’d blown up Uncle Scrooge’s vault.
I’m not sure that Vick climbed high enough to fall this far. I’m still as anti-Vick as I have been, but if he keeps falling he’s going to pass up Wil E. Coyote, Alice, and the dollar on his way down. If I was Vick, when I got out of prison, I’d stay as far away from animals as I could. I wouldn’t even watch Lassie. And I’d hit the first mf’r that suggests watching Turner and Hooch.