Bank sues Vick for more than $2M

[riggins44]

Bank sues Vick for more than $2M

http://www.dailypress.com/news/dp-news_vicksuit_0925sep25,0,5134838.story?coll=hr_ta b01_layout

When the ex-Atlanta player was suspended from the NFL, he violated his loan contract, the bank says.

By ALICIA P.Q. WITTMEYER | 757-247-4535
September 25, 2007


Newport News - NFL quarterback Michael Vick is being sued for more than $2 million dollars by the Royal Bank of Canada.

In documents filed in U.S. District Court in Newport News Thursday, the bank says Vick borrowed $2.5 million to invest in real estate in January.

Since then, the Newport News native has pleaded guilty to dogfighting charges, lost several endorsement deals, and been suspended from the National Football League — and the bank says it is not sure he'll be able to repay its loan.

*click on link for entire article

[TheDoyler23]

The bank is probably trying to get their money before Vick gets sued by the Falcons for his signing bonus.

[Stophovr6]

Vick is so ****ed. I can't imagine how what he did was worth any of this.

[Riggo-toni]

Vick is so ****ed. I can't imagine how what he did was worth any of this.

I'm sure it wasn't...more proof he's just an idiot.

[Stophovr6]

I'm sure it wasn't...more proof he's just an idiot.

Seriously. The size of the purses they won and lost couldn't be what he was paying out to even run the operation. I guess he got some money from actually selling dogs. But there is no way in hell he was making money, not the kind of profit he was seeing for being an NFL QB anyways. Just plain dumb.