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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!
208 COMMENTS

No Avatar
31.

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.

669 days ago
32.

Scottk459    

Dog Killer,,,,,,,Good. Time to Pay Out,,,,,,Dog KILLER,,,,,,,,Mike VIcK.,,,,,Get out of Phila,P,A. Your Hot and Cold !!!!!!!!!!!!!!!!!!!!

669 days ago
33.

Jenn    

Nobody feels your pain, you dick. Karma's a bitch.

669 days ago
34.

maria    

If there is ever a more contempatable, deplorable piece of garbage on the earth, it is Michael Vick. This piece of crap should have nothing!!! and he complains about having a million. He got a second chance, that alone is work millions that millions of people would never have gotton, and still he has never shown on bit of remorse for his actions.

669 days ago
35.

Bobby B    

You racist readers at TMZ , don't know how to read a artcle. Where does it menttion that anyone has to pay Michael Vicks taxes. If you read the article it is actually stating that he used his $30 million salary to pay back the debts he tallied up. To me that is being responsible, but of course because he is Black and not named Ben Roethlisberger who got away with rape, he will be demonized for the rest of his life. The amount of racist of this site I tellya, going hate to see your reaction win Obama wins again in Novemeber,

669 days ago
36.

TMZgossip    

Most of the people posting are absolutely clueless about the fact he is meeting all his obligations -- rather then being like most celebrities you read about on TMZ.

669 days ago
37.

devilgirl    

Let's get a telethon going for poor Mike.

669 days ago
38.

Bonnie    

I would expect nothing less from a top graduate of the ******* Academy.

669 days ago
39.

Caz    

Stay away from all dogs.....you can explain that to your children so they know what a monster you are! Your disgusting!

669 days ago
40.

devilgirl    

To all the Vick apologists, I guess we are supposed to congratulate him for paying his bills like the rest of us do? His taxes wouldn't be so high, if he weren't an over paid athlete. He wouldn't have huge legal fees if he wasn't a criminal, and it seems that he spent $9.2 million on things for himself, as that is what creditors means. Seems like no one feels for the rest of us who pay our bills on a much smaller scale.

669 days ago
41.

breezy    

Wish he would die ... Pig

669 days ago
42.

Sandy Brooks    

I wish he were homeless and on the street with his only friend being a Pit Bull....

669 days ago
43.

Linda Moore    

I still don't understand why he is still in the NFL. He's a convicted felon. I know he's talented but he should have been banned for life. Just shows the hypocrisy in sports and entertainment. Just glad he's not a Falcon anymore....we've got Ryan know and I'd put him up against Vick anytime. He has morals and character, something Vick is sorely lacking.

669 days ago
44.

OooooNooo!    

The President says he needs to step-up and pay his "fair share" by paying more taxes. $10.9 million in taxes on a $29.9 million dollar income is not enough. Pay-up you 1-percenter!

669 days ago
45.

texaschickeee    

and here lies the problem. You have someone that knowingly broke their contract but was slapped on the wrist. deals under the table and he got another NFL job. He still thinks He did nothing wrong and cries. He marries and thinks nothing of the dogs he brutally killed and wants one for the kiddos. and is mad that he still not allowed to have them. Now he cries of 29 mill, more money then most people see in a life time, and is sad over it. he is a piece of s h i t and never should have been allowed back FOR ANY REASON. Pete Rose got kicked out for far less....too bad we can't attach those cables to Vick's b a l l s and toss him in a pool and watch him dance.

669 days ago
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