Michael Vick Net Worth (Money & Salary)
Michael Vick Net Worth (Money & Salary)
February 9, 2025
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Discovering Michael Vick’s Financial Status
Michael Vick, a retired professional football player from America, boasts a net worth of $16 million. He gained fame while playing for the Atlanta Falcons and the Philadelphia Eagles after excelling in college football and being chosen as the first overall pick in the 2001 NFL Draft by the Falcons.
Vick’s unique playing style as a quarterback, focusing more on rushing plays than passing, led to breaking multiple records. Notably, he was the first NFL quarterback to rush for over 1,000 yards in a single season and amassed a record-breaking 6,109 rushing yards in his career.
Despite facing a controversial period due to his involvement in a dog fighting scandal, Vick was given a fresh start by the Eagles and continued his NFL journey with enhanced performance. He concluded his professional career with the New York Jets and the Pittsburgh Steelers, retiring officially in 2017.
Early Years
Born on June 26, 1980, in Newport News, Virginia, Michael Dwayne Vick recognized sports as his ticket out of poverty after growing up in a high-crime neighborhood. He established himself as a standout football player during high school and continued his success at Virginia Tech.
Encounters with the Law
Prior to the dog fighting controversy, Vick faced various legal problems, including an arrest in 2004 for marijuana distribution and a lawsuit in 2005 regarding an STD accusation. In 2006, he was fined for an obscene gesture to booing fans.
By 2007, reports surfaced alleging Vick’s involvement in dogfighting activities, leading to a search of his property where illegal dog fighting evidence was discovered. Subsequent investigations revealed further disturbing details, implicating Vick in financing the operation, engaging in drug and gambling activities, and participating in the abuse and execution of dogs. Vick admitted to these actions, leading to felony charges, imprisonment, and eventually, his return to professional football.
Amid these legal challenges, Vick also tested positive for marijuana, resulting in house arrest. Before his sentencing, he donated $1 million towards caring for surviving dogs from the fights. Ultimately, he pleaded guilty to a felony charge of dog fighting in 2008 and served a 3-year sentence, being released in 2009.
(Photo by Kevork Djansezian/Getty Images)
Financial Struggles
During his prison term, Vick filed for bankruptcy, owing around $18 million to creditors and earning a minimal wage while incarcerated. Post-release, he worked as a construction laborer to make ends meet.
Despite having a financial planner projecting a $100 million net worth by 2010, Vick emerged from bankruptcy in 2015 after paying off his debts through disciplined financial management, living on a modest $300,000 yearly budget, and prioritizing debt repayment.
By his NFL return, Vick had amassed significant earnings, culminating in over $115.9 million from his salary alone over his professional football career.
Property Ventures
In 2008, Vick sold a property in Davie, Florida, for $1.4 million. The estate, previously bought for $1.32 million in 2013, included a five-bedroom home with luxurious amenities, which attracted Lawrence T. Guy, a New England Patriots player at the time.
Vick may have seen this home on an episode of “Baller Wives.”
In an attempt to help pay off his debts, Michael put his Duluth, Georgia, home for sale in 2009 with a starting bid of $3.2 million. By 2018, Vick was asking $4.5 million for the property.
By 2020, Michael and his wife listed another home in Plantation, Florida, for $2.4 million. This 9,280-square-foot residence boasts six bedrooms, a media room, a guest house, a custom pool, an outdoor kitchen, and a basketball court. Originally bought for $2.38 million in 2018, it seems Michael aimed to break even on this real estate deal.
Data is sourced from years 2023 and 2024, and forecast data extends to 2025, 2026, 2027, and 2028.
Michael Vick Net Worth (Money & Salary)