American Former Football Player
#90 in NFL Players today
As of 2024, Michael Vick’s net worth is $16 million. He earned over $80 million in salary during his NFL career, but much of his wealth was lost due to legal fees and other expenses, according to Forbes.
He was also a controversial figure due to his involvement in a dogfighting scandal in 2007 and was financially helped by Archie Manning.
Dog Fighting Scandal
Michael Vick found himself at the center of a national scandal in 2007 when his involvement in a dogfighting operation came to light.
Vick’s dogfighting operation, known as Bad Newz Kennels, was a place of unimaginable cruelty.
Dogs were forced to fight each other to the death, while others were kept in squalid conditions, starved, and used for breeding.
The revelation of these atrocities sent shockwaves through the sports world and beyond. Vick pleaded guilty to federal dogfighting charges and was sentenced to 23 months in prison.
Vick’s involvement in dogfighting had a devastating impact on his finances. His NFL salary was suspended, and he lost numerous endorsement deals.
Vick spent over $30 million on legal fees and ensuing settlements and penalties. So that explains why his net worth is so low today.
The financial impact of the scandal was profound. Vick’s net worth, once estimated at over $100 million, plummeted to near zero. He filed for bankruptcy in 2008, seeking protection from creditors and restructuring his debts.
How much does Michael Vick get paid?
Vick earned over $80 million in salary during his NFL career. His highest-paid season was 2011, when he earned $14.4 million as a member of the Philadelphia Eagles.
He also had lucrative endorsement deals with companies such as Nike, Coca-Cola, and Rawlings.
Michael Vick Net Worth 2024 (Forbes)
Full Name | Michael Dwayne Vick |
Net Worth | $16 million |
Peak Net Worth | $100 Million |
Annual Income | $3 Million |
Debts | $1 Million |
Real Estate Assets | $6 Million |
NFL Career
Vick was drafted first overall by the Atlanta Falcons in the 2001 NFL Draft. He immediately made an impact, becoming the first quarterback to rush for over 1,000 yards in a single season.
Vick was named the NFL Offensive Rookie of the Year in 2001 and was selected to four Pro Bowls during his time with the Falcons.
Comeback and Beyond
After his release from prison, Vick signed with the Philadelphia Eagles in 2009. He worked hard to regain the trust of fans and teammates and eventually became a key player for the Eagles.
Vick was named the NFL Comeback Player of the Year in 2010. He later played for the New York Jets and Pittsburgh Steelers before retiring from the NFL in 2016.
He has since worked as a sports analyst and has launched several business ventures. Slow and steadily Vick build back his wealth.