Michael Vick Officially Out Of Bankruptcy After Paying Back $17 Million To Creditors

Michael Vick's bankruptcy case is officially in the rear view mirror.

The former NFL star filed pleaded guilty in 2007 to participating in and funding a dog fighting ring. He received a 3-year prison sentence, was suspended by the NFL. lost millions of dollars in salary from the Atlanta Falcons and endorsements.

In 2008, Vick filed for Chapter 11, owing $17.6 million to creditors.

While incarcerated the Falcons cut Vick. Following his 2009 release from prison NFL commissioner Roger Goodell conditionally lifted Vick's suspension, allowing him to sign with the Philadelphia Eagles. 

TMZ reports that Vick made $50 million in salary while playing for the Eagles, New York Jets and Pittsburgh Steelers after returning to the league.

He retired from the NFL in 2017 during a ceremony with the Falcons.

According to TMZ, Vick made his final bankruptcy payment in November. This week a judge has officially closed the case, granting Vick's discharge and final decree. 

Congrats! Mike!

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