Suspended Atlanta Falcons quarterback Michael Vick filed for bankruptcy protection Tuesday.
The imprisoned Vick, who is currently serving a 23-month prison
sentence in Leavenworth, Kan. on federal dogfighting charges, filed
Chapter 11 papers in U.S. Bankruptcy Court in Newport News on Monday
claiming to owe between $10 and $50 million to various creditors.
The debt includes a $3.75 million pro-rated signing bonus that the Falcons are attempting to recover.
After pleading guilty last year to financially supporting a
Virginia-based dogfighting ring, the disgraced Vick was subsequently
suspended indefinitely by the NFL without pay and lost all his major
corporate sponsors.