Page 1796 of 2956

Vick accused of illegally withdrawing $1.3 mil from pension plan

Michael Vick is in more hot water as the Department of Labor is accusing him of illegally withdrawing more than $1.3 million from a pension plan he had to help play his criminal restitution after his conviction on dog-fighting charges.

Michael VickThe department says Vick made a series of prohibited transfers from a pension plan sponsored by MV7, a celebrity marketing company owned by the former Atlanta Falcons quarterback. The department alleges that Vick violated his duties as trustee of a pension plan that covered nine current or former MV7 employees.

“This action sends a message that the Labor Department will not tolerate the misuse of plan money and will take whatever steps necessary to recover the assets owed to eligible workers,” Secretary of Labor Hilda L. Solis said in a prepared statement.

The department also accused two of Vick’s former financial advisers, Mary R. Wong and David A. Talbot, of participating in some of the transfers.

The filing further complicates Vick’s bankruptcy case, which has gradually moved along in Newport News while Vick serves a 23-month prison term in the federal penitentiary in Leavenworth, Kan. The judge presiding over the bankruptcy case has ordered Vick to testify in person at next week’s hearing on confirmation of his Chapter 11 plan.

The department says the plan assets were partially used to help pay the criminal restitution imposed on Vick after his federal dogfighting conspiracy conviction.

I’ve never seen anyone blow through millions of dollars like this a-hole and have nothing to show for it.

Torry Holt to visit Jaguars

Former Rams’ wideout Torry Holt is done vacationing and is now ready to visit NFL teams, with his first stop coming Thursday in Jacksonville.

To wit, league sources told the Post-Dispatch on Wednesday evening that Holt will be paying a free-agent visit to the Jacksonville Jaguars on Thursday. Jacksonville is in dire need of receiving help.

The team cut Jerry Porter and had no plans to re-sign free agent Reggie Williams. On March 16, the Jaguars released wide receiver Matt Jones following his arrest earlier this month on a probation violation stemming from drug charges last summer. Jones led Jacksonville with 65 catches for 761 yards last season.

Holt has no reason to go to a team that can’t guarantee him a starting job because there are plenty of them out there. The Jags’ current starters are Mike Walker and Dennis Northcutt, so even though Holt has shown signs of slowing down, he would still be an immediate upgrade to that unit. Another team that should pick up the phone and dial Holt’s agent is the Chicago Bears, who currently have Devin Hester and Earl Bennett tabbed as their starting wideouts.

2009 MLB Preview: #10 Los Angeles Dodgers

Click Here to see Previews of all 30 MLB Teams

Offseason Movement: The Dodgers were mostly quiet this offseason outside of adding Orlando Hudson, Guillermo Mota and Randy Wolf. Oh yeah, and after 4,958 days of painful back and forth negotiating, L.A. GM Ned Colleti was able to re-sign outfielder Manny Ramirez to a two-year deal.

Top Prospect: James McDonald, RHP
The Dodgers have a couple of top prospects, including OF/1B Andrew Lambo and INF Ivan DeJesus Jr., but McDonald is the closest to making the big league roster. The club has been in search for a fifth starter all spring and they could tab McDonald for the role if he continues to pitch well in exhibition games. McDonald doesn’t overpower hitters (his fastball only tops out at 92 mph), but he has a nasty curveball and his command is solid as well. It’ll be interesting to see if L.A. gives the 24-year old the fifth spot in the rotation or sends him down to Triple-A for more seasoning.

Continue reading »

Will Roger Federer ever win another Grand Slam?

fed
Yes. People forget the bulk of cold hard facts when discussing Roger Federer’s struggle to win his 14th Grand Slam. They attribute factors such as age, Rafael Nadal, and certain losses to young players as the end-all proof that the Fed Express has derailed.

Federer is only 27, which apparently means 90 in tennis years. It’s easy to associate Federer with aging talent such as Andy Roddick, Lleyton Hewitt, and Marat Safin because they are all former No. 1’s in their late twenties. It’s unfair to lump Federer into this talented, albeit inferior, bunch. Federer has won 13 Grand Slams. These guys are nowhere near that pinnacle. By capturing one more, Federer will surpass Pete Sampras as the most decorated player in the Grand Slam era. Keep in mind that Federer’s style of play is usually compared to that of Sampras. What I find interesting is how similar their careers have been as well. They both went pro as teenagers, then dominated for five years in their early twenties. Sampras never won a French Open – neither has Federer. Sampras won at least five championships at Wimbledon and the U.S. Open – same with Federer. Their careers are eerily similar when you compare statistics. One fact remains, however: Pete Sampras won the U.S. Open at age 30. I don’t see why Federer can’t do the same.

Oh, that’s right. Rafael Nadal. Federer can’t seem to beat the Spaniard. At 24 22, Nadal has already amassed seven six Grand Slam titles and is actually the true contender to win more Grand Slams than anybody in the sport’s lengthy history. Nevertheless, the guy has just begun to win hard court tournaments. His victory at this year’s Australian Open over Federer proved that Nadal has broadened his game. Everyone who witnessed his epic match against Federer at Wimbledon last year knows he can play on grass as well. The true test, and Federer’s saving grace, will be at the U.S. Open, which Federer has won five consecutive times. It’s the only Grand Slam Nadal hasn’t won, but it’s definitely within his reach. Remember, even though pundits like to compare Federer with Sampras, they absolutely love to compare Nadal with Andre Agassi. While Federer and Sampras were better players overall, Agassi was the last to win all four Grand Slams in his career. Nadal is more than capable of the same feat.

Bottom line is yes, Roger Federer will win another Grand Slam. Will he get two or three more? I doubt it, but it goes without saying that Fed could easily remain one of the top-five ranked players on the ATP Tour for the next few years. Sampras retired at 30, at a time when many believed he had a couple solid years left. Still, he did so as the most successful tennis player of all time. There wasn’t much need to continue if there wasn’t anything else to prove. Sampras could not predict the likes of a young Roger Federer breaking into the game, quickly accumulating three Grand Slams a year. It’s unpredictable because it’s a phenomenon. Nadal and Federer are both phenomenons. Fortunately, Roger Federer knows this about his rival. He can’t bow out now, not when he’s so close to the Grand Slam record.

From this point on, it’s a fair assumption that Federer will never again win the Australian Open or Wimbledon, or ever win the French Open. But mark my words: Federer has one more Grand Slam in him. It will solidify his stature as the best player tennis has ever seen. This moment will eventually come at the U.S. Open.

Mangini wants Favre to attend Browns’ camp

Eric Mangini is reaching out to Brett Favre in hopes that the future Hall of Fame quarterback will make an appearance at the Browns’ training camp this summer to help be an instructor to Derek Anderson and Brady Quinn.

Mangini told the New York Daily News that he and Favre have been text messaging since they last saw each other December 29, the day the Jets fired Mangini and the day after Favre played his final NFL game.

The two are discussing Favre joining Mangini at Browns camp this summer. Favre couldn’t run the practice team because he is still under contract with the Jets, but Mangini didn’t rule out Favre being a guest instructor for quarterbacks Brady Quinn and Derek Anderson.

“I don’t think it would be anything formal,” Mangini told the newspaper. “It’s not like we are hiring him to run the scout team. I don’t think he would be interested in that. He would be more like a visitor. An open invite.”

This is a flat out stupid idea. Why would Mangini, in his first year in Cleveland mind you, invite a media circus to spring training? Furthermore, when has Favre ever been known as a mentor? The guy has always walked to the beat of his own drum and I could be wrong, but I don’t think I ever heard Aaron Rodgers say Favre was a great inspiration to him in Green Bay.

The idea sounds good; hey, bring in a future Hall of Famer to show Anderson and Quinn the ropes. But it seems highly unnecessary and it would no doubt create a distraction that Anderson, Quinn nor the Browns need in training camp. This just doesn’t make much sense and again, the media will try to blow this up to epic proportions once/if it happens.

« Older posts Newer posts »