Bankruptcy lawyer: Vick wants to rejoin NFL after prison

[555666]

NORFOLK, Va. (AP) -- Imprisoned NFL quarterback Michael Vick expects to return to pro football, according to his bankruptcy attorneys who laid out a plan to pay creditors based in part on his anticipated earnings.

"The Debtor has every reason to believe that upon his release, he will be reinstated into the NFL, resume his career and be able to earn a substantial living," Vick's attorneys wrote in a disclosure statement filed before a hearing Thursday in U.S. Bankruptcy Court in Norfolk.

The former Atlanta Falcons star is serving a 23-month sentence in a federal penitentiary for bankrolling a dogfighting ring in rural Virginia and is scheduled to be released on July 20.

Once the NFL's highest-paid player, Vick has assets of $16 million and liabilities of $20.4 million, according to the court filing in which attorneys wrote in extraordinary detail about Vick's dizzying financial mess -- listing a fleet of vehicles, properties, businesses and the extended family he supported.

A Vick attorney said a committee representing all his debtors has proposed a plan to pay off his debt. A judge scheduled a hearing for mid-December on the appointment of a trustee, which Vick's attorneys oppose.

"The committee attorney acknowledged that there's been a lot of progress, so we're hopeful," Peter R. Ginsberg told The Associated Press.

Vick still faces two state felony counts -- dogfighting and animal cruelty. They carry maximum prison terms of 10 years, but under a plea deal, Vick would serve a suspended sentence and a year of probation.

He is scheduled to appear in Surry County Circuit Court on Nov. 25.

Paul K. Campsen, another Vick attorney in the bankruptcy proceeding, said he had not had any contact with the NFL, nor had Vick. While Vick still has a contract with the Falcons, NFL Commissioner Roger Goodell would have the final say on his return, which he is counting on after he is released.

"That's the hope," Campsen said in an interview. "I think efforts will be made once we get past this."

The attorneys laid out a payment plan to Vick's creditors that includes expected NFL earnings and possible signing bonuses.

Campsen said the reorganization plan involves those expected payments and liquidation of his larger assets.

The assets include four homes in Virginia and Georgia valued at a total of $6 million; an interest in two farms; and an interest in more than 20 businesses, from a horse farm to liquor stores.

Ginsberg said if the sides can't agree in December, another hearing will be held in January. Vick was ordered to attend.

Anybody think he'll be signed if he is indeed re-instated?

 

[.s31t]

He will.
Its money...
Free press...
Alot of people will show to doubt on him.
Guy will come back and be in good shape.
Start him at HB/KR and maybe run some passing plays...

 

[Giantmetfan07]

Some one will sign him, IF he's reinstated. It'll be a longshot though. Goodell's really cracked down on this kind of stuff, and what he did was just disgusting.

 

[Macken]

he will be back and playin in kansas city..

 

[.s31t]

he will be back and playin in kansas city..

Your right!
They need a QB anyways...
And with that OLine Mike Vick be runnin for his life.

 

[The Young One]

he will be back and playin in kansas city..

I hope so.

BTW my dad has a friend that works at the prison vick is at. He said the bears have been sending him stuff the whole time he's been locked down.

 

[.s31t]

I hope so.

BTW my dad has a friend that works at the prison vick is at. He said the bears have been sending him stuff the whole time he's been locked down.

LOL.
I see it.
His mail box fillin out with papers from the teams like a HS kid and college apps.

 

[bestkeptsecret13]

I hope so.

BTW my dad has a friend that works at the prison vick is at. He said the bears have been sending him stuff the whole time he's been locked down.

Yeah right... The Bears and people like Mike Vick just don't work (Tank Johnson, Cedric Benson???).

And what Vick did was way worse than what either of those two did, so no.

 

[The Young One]

We will see what happens when he gets out. He will be back in the nfl.

 

[Dice-J]

Well, Orton being hurt and if he comes off rusty, you know Bears don't want Rexy at QB, so maybe they'd consider Vick. But I see a team like Lions/Chiefs going after Vick. Or maybe the team bada**'s the Cowboys go after him because he has the same thing as PacMan and Tank, they've all been suspended from the NFL.

 

[MapleLeaf]

do NOT bring him in KC. do not. We need veteran leadership, not Vick.

Thigpen is good for this year, draft one in the draft.

 

[Giantmetfan07]

first off, the guy's servin time. I really dont think Goodell's bringing him back .

 

[.GR]

I think he deserves one more chance, but that's it.
Ig he ruins it like Pacman, so be it.

 

[Hoffa]

He will.
Its money...
Free press...
Alot of people will show to doubt on him.
Guy will come back and be in good shape.
Start him at HB/KR and maybe run some passing plays...

Half Back?! HAHA is that a joke? All Vick wants to play is Quarterback he would probably kill you if you asked him do you want to play running back hahah get serious, Vick has played quarterback all his life.

 

[Giantmetfan07]

I don't think he'd kill you. Maybe lock you in a steel cage, "Gladiator style" battle to the death with someone else.

But seriously, with the small things that have happened to other people, that Goodell's has dropped the axe on. The stupid penalties and fines, which he takes so seriously.

WHY do you think Goodell would let Vick back in? Why? I just don't see why he would.

 

[The Guid]

I don't think he'd kill you. Maybe lock you in a steel cage, "Gladiator style" battle to the death with someone else.

But seriously, with the small things that have happened to other people, that Goodell's has dropped the axe on. The stupid penalties and fines, which he takes so seriously.

WHY do you think Goodell would let Vick back in? Why? I just don't see why he would.

I'd applaud the gladiator thing though...that's what the world needs. Settle everything cage match style.

But, I agree that Goodell would need a damn good reason to bring Vick back in.

 

[.GR]

I don't think he'd kill you. Maybe lock you in a steel cage, "Gladiator style" battle to the death with someone else.

But seriously, with the small things that have happened to other people, that Goodell's has dropped the axe on. The stupid penalties and fines, which he takes so seriously.

WHY do you think Goodell would let Vick back in? Why? I just don't see why he would.

He let Pacman back in...

 

[Giantmetfan07]

but pac man didn't serve time. He made bad mistakes in nightclubs. Vick practically slaughtered a few dozen dogs.

 

[.GR]

but pac man didn't serve time. He made bad mistakes in nightclubs. Vick practically slaughtered a few dozen dogs.

Exactly.
They are freaking dogs. Lol.

 

[The Guid]

It's still something living man