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Michael Vick

I've Spent $29 MILLION

In Four Years

10/2/2012 5:30 AM PDT BY TMZ STAFF
EXCLUSIVE

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Michael Vick
has blown through nearly $30 million since filing for bankruptcy in 2008 -- nearly 95% of his total income -- TMZ has learned.

According to legal docs filed in his bankruptcy case, Vick made $31 million since he went belly up -- that includes his Eagles salary and various endorsements and other business ventures.

The math is pretty simple -- Vick had to pay a total of $29.6 mil -- of that, $10.9 went to taxes, $9.2 mil went to creditors, $2.7 went to lawyers and accountants, and the rest is for various things, including child support and living expenses.

All tolled, Vick is now left with around $1.5 mil. That's nothing to sneeze at, but considering what he made it's pretty shocking.

Things are looking up for the NFLer. Vick signed a 6 year, $100 million contract in 2011 ... with almost $40 mil in guaranteed money, so he won't be poor -- in rich terms -- for much longer.

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For more sports stories, check out tmzsports.com!
207 COMMENTS

No Avatar
16.

ashley    

well then this means he won't be supporting one of his own then, he'll be secretly voting for Mitt Romney, I bet you that's what they all do, get all their minions to vote for Obama bc they tell them to, but seeing how they make millions up millions, they gotta look out for themselves....betcha!

719 days ago
17.

bachaus    

I hope he gets injured to a point of ending his career, looses all his money and has nothing but hardship in his life for running a dog fight organization. He is a terrible role model for the youth of today.

719 days ago
18.

rawkergirl    

No one cares about his money probs, he's a disgusting POS who got off WAY easier than he should have! I stopped supporting the NFL when they let him back in. SHAME!

719 days ago
19.

Phishie from Philly    

He's no financial geniuses! How much went to psychiatric help?
..
Phishie from Philly

719 days ago
20.

Oh A 💛💋    

Wow what a dumb ass

719 days ago
21.

swack    

Boo Hoo! Left with 1.5 million? That is more than enough for most families to live on in a life time! Go cry somewhere else.

719 days ago
22.

melissa    

I dont feel sorry for his butt at all. He should be treated like every other criminal. If he were a average citizen he would still be unemployed. They (nfl) might as well bring back Plaxico Burress too!

719 days ago
23.

Elle0375    

How much does he pay out for his herpes meds?

719 days ago
24.

Spicy mag    

Get a nice house for $3 million and bank the rest you big dummy.

719 days ago
25.

Truth    

Vick is a total POS S#umbag! This creep took great joy in not only killing dogs but torturing them too....and laughing the whole time. This no good jerk 0ff will get whats coming to him in due time. His Karma train hasn't arrived yet. Horrible horrible (i can't call him an animal because animals are too good for him but you all know what i really want to call him) Garbage!

719 days ago
26.

LuvMyLife    

The economy is going downhill because SOME rich people don't know how to spend their money wisely and then it lands them in bankruptcy. Then that then leads to our taxes paying off their debts. Not fair.

719 days ago
27.

Big D    

I don't understand all these broke sport figures. It's like they lose all their sense when it comes to money. When you considered that a large percentage of athletes come from poor or modest income families you would think they would guard that money so they are never poor again.

719 days ago
28.

RyogaVee    

Wow, he paid over 35% in taxes. And Mitt Romney only pays 13% and has 10 times that much money.

719 days ago
29.

Nicoleasm    

I'm not defending him but you guys that are saying he's stupid for blowing through his money...you do realize, if TMZs figures are correct, over 75% of his income went to creditors, taxes, lawyers, and his child support. Would it have been better if he didn't pay those and kept more for himself? I don't know what world you all live in, but in the US if you don't pay these entities, you'll end up being sued or in jail

719 days ago
30.

Karmagal    

This makes me sick. I read where an huge number of football players are broke 2 years after retiring.. MILLIONS and MILLIONS of dollars.. How the heck did he blow all that money? Do they get hit in the head to much to have any common sense and throw a few mil into a IRA? Good lord.

719 days ago
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