Shockingly, Michael Vick is in more trouble. Apparently, Vick doesn’t feel that he has to re-pay banks that loan him cash and rental cars.
1st Source Bank of South Bend said in a federal lawsuit it suffered damages of at least $2 million because Vick and Divine Seven LLC of Atlanta had refused to pay for the vehicles. The lawsuit seeks unspecified damages.
Last week, the Royal Bank of Canada sued Vick in federal court in Virginia for more than $2.3 million that it said he had planned to use for real estate investments.
Just to remind those who might be unaware or have forgotten, when Vick signed his 10-year, $130 million contract with the Falcons in 2004, he also received $37 million in bonuses. I can’t imagine that an illegal dog fighting operation costs more than a few million maybe, so that still leaves over $30 million to spend, and I’m not even counting the money he got from his base salary or endorsements. So why, oh why then, could this guy not pay back the measly $4 million he owed to these banks? Not only that, but why did this unbelievable ass clown think he could get away with stiffing not one, but two banks? It’s amazing to me how he can even get dressed in the morning without some sort of assistance.
