Report: Michael Vick being sued for $1.2 million
Michael Vick is the subject of a new $1.2 million lawsuit in Florida, according to the Miami Herald. A group of creditors, NV Partners, has gone to Broward County circuit court after the former Atlanta Falcons quarterback failed to repay a $400,000 loan from Atlantic Solutions in 2018.
According to The Washington Post in 2020, the agreement was for the company to receive “up to three years of Vick’s earnings, including those he receives as a television football analyst.” Vick reportedly had $2 million in debt, but if he’d repaid an initial sum of $100,000 by March 1, 2020, the sum would have gone down to $1.3 million. NV Partners’ attorney Daniel Wright revealed to the Herald that the quarterback hasn’t paid any amount back to this point.
“Michael Vick takes these matters seriously and is aware of the proceedings and will be sure that all parties who are entitled to receive payment will be paid,” Vick’s lawyer Arthur Jones stated. “However, usurious calculations which produce absurd results should not be countenanced by the courts of Florida. Therefore, all appropriate defenses will certainly be utilized. Further comment on any shenanigans which lead to situations like this may be made available at a later date.”
Michael Vick and his wife, now residing in South Florida, could lose items of value to repay the debt, including sports memorabilia and cars. The couple’s new house, however, is not on the table as it is their primary residence.
Michael Vick joins NIL firm Levels Sports Group
The former Virginia Tech and NFL Pro Bowl quarterback joined Levels Sports Group as its head of athlete development last month.
Vick is working with On3 Consensus five-star plus quarterback Malachi Nelson and four-star wide receiver Makai Lemon. Both are USC commits. Clemson quarterback DJ Uiagalelei is also a client.
The No. 1 overall in the 2001 NFL Draft, Vick finished his NFL career with more than 22,000 passing yards and 133 touchdowns. He made his mark as a rusher, however, racking up more than 6,000 yards and 37 touchdowns on the ground.
Vick’s knowledge of the landscape and industry will also help Levels guide the athletes making NIL deals.
Vick has made north of $20 million in sponsorships and endorsements throughout his career. The former Heisman Trophy finalist went on to the NFL and made four Pro Bowls. He had a two-year prison stint, starting in 2007, for dog-fighting. He took home the NFL Comeback Player of the Year award in 2010.
On3’s Pete Nakos contributed to this report.