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	<title>Blogging Dirty &#187; debt</title>
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		<title>Michael Vick: From Atlanta Falcons Enemy to One of Their Most Important Friends</title>
		<link>http://bloggingdirty.com/2011/01/07/michael-vick-from-falcons-enemy-to-one-of-their-most-important-friends/</link>
		<comments>http://bloggingdirty.com/2011/01/07/michael-vick-from-falcons-enemy-to-one-of-their-most-important-friends/#comments</comments>
		<pubDate>Fri, 07 Jan 2011 20:00:18 +0000</pubDate>
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				<category><![CDATA[Falcons]]></category>
		<category><![CDATA[Popular]]></category>
		<category><![CDATA[Atlanta Falcons]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Michael Vick]]></category>
		<category><![CDATA[Philadelphia Eagles]]></category>

		<guid isPermaLink="false">http://bloggingdirty.com/?p=3322</guid>
		<description><![CDATA[<p>It goes without saying that Michael Vick devastated this Atlanta Falcons franchise just a couple years ago with that whole dog-fighting thing. But in 2011, the Atlanta Falcons former enemy is turning into to one of their most important friends. The Falcons want Vick to succeed and they want him to sign a huge contract [...]</p><p><a href="http://bloggingdirty.com/2011/01/07/michael-vick-from-falcons-enemy-to-one-of-their-most-important-friends/">Michael Vick: From Atlanta Falcons Enemy to One of Their Most Important Friends</a> - <a href="http://bloggingdirty.com">Blogging Dirty</a> - <a href="http://bloggingdirty.com">Blogging Dirty - An Atlanta Falcons Fan Site - News, Blogs, Opinion and more.</a></p>]]></description>
			<content:encoded><![CDATA[<p>It goes without saying that <strong>Michael Vick</strong> devastated this <strong>Atlanta Falcons</strong> franchise just a couple years ago with that whole dog-fighting thing.</p>
<p>But in 2011, the Atlanta Falcons former <em>enemy</em> is turning into to one of their most important friends. The Falcons want Vick to succeed and they want him to sign a huge contract extension.</p>
<p>The reason—he owes upwards of $20 million dollars to his creditors. The Falcons, his former employer, is one of the groups that he owes money to.</p>
<p>In 2005 the Falcons offered and agreed to a contract with Vick worth $130 million dollars over 10 years with $37 million dollars in guaranteed money.</p>
<p>Vick is now being forced to pay back part of that money to the Atlanta Falcons. The Falcons took a $7 million dollar hit against the Salary Cap in 2009, but faced no penalties this past year and will not face any further penalties in the future.</p>
<p> <a href="http://bloggingdirty.com/2011/01/07/michael-vick-from-falcons-enemy-to-one-of-their-most-important-friends/#more-3322" class="more-link">(more&#8230;)</a></p>
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