Find the answer of What is Michael Vick Net Worth Today, in 2023 and what Forbes is saying about him.
There is no shortage of controversies in the NFL, especially among the players but even among the worst of the worst, there are a few who take the cake and Michael Vick is one of them. Despite being one of the most successful and highest-paid athletes of all time, Michael Vick Net Worth right now is very small.
For those who don’t know who Michael Vick is when you will look at his current net worth you will think how can such a large sum of money be considered so small, but when you will learn about his career, his earnings and his controversies, you will understand why.
So, without further waiting let us look at his net worth, career, the awful controversy and his effort to build himself back up again.
As of today, Michael’s net worth stands at a whopping $16 million, which in itself is a substantial figure but considering the kind of financial and legal troubles he went through, is truly remarkable. After his controversy he not only lost his endorsements but his poor financial dealings led to bankruptcy.
Born in 1980, Michael Vick is a quarterback who started playing football in high school and quickly rose to prominence. It wasn’t long before he was being looked at by football scouts and after graduating high school, he got a football scholarship from Virginia Tech in 1999 and played his first college game as a freshman.
He did exceptionally well in college football and even won the prestigious Archie Griffin Award as a freshman. After finishing college, he got drafted by the Atlanta Falcons as the number one overall pick in the 2001 NFL draft.
Same as with college he did exceptionally well in the NFL, till 2007 when he went to prison and was dropped by the Falcons. But he returned in 2009 with the Philadelphia Eagles and played with them for most of his later career, before doing short stints with the New York Jets and Pittsburg Steelers, eventually retiring in 2017.
To get an idea of how well he was doing, Michael Vick Net Worth in 2010 was expected to reach $100 million. But in 2007 he was involved in illegal dog fighting, with some of the fights taking place at a property he owned in Surry County, Virginia, and the whole incident is known as Bad Newz Kennels investigation.
He along with 3 other people was convicted of illegal dog fighting, gambling, and other charges and he ended up serving 18 months in a Kansas federal prison. This resulted in not only his termination of the contract by the Falcons but also the loss of endorsements from the likes of Nike, Coca-Cola, and EA Sports among others.
Even before the controversy, Michael Vick Net Worth was not doing so well. His financial situation was so bad that he was far from being worth $100 million in 2010 and closer to bankruptcy due to debts. The bankruptcy came in 2007 when he owed creditors close to $50 million.
While his own assets were listed to be somewhere between $10 to $50 million. This was due to a combination of poor asset management, bad investments, and the mounting legal fees from the criminal case against him.
Despite being a controversial figure, Michael Vick Net Worth started to climb back up again after he returned from prison and joined the NFL again. His first endorsement came in 2011 by Unequal Technologies and then Nike signed him again the same year.
He also launched his own clothing brand called V7 which sold sports clothing exclusively at Modell’s and a portion of the proceeds from the brand goes to The Boys and Girls Club of Philadelphia.
