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 Post subject: Two more Vick articles..to lazy to split them
PostPosted: Wed Aug 22, 2007 1:14 pm 
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VICK COULD CLEAN TOILETS FOR 12 CENTS AN HOUR by Michael David Smith

Dave Forster of The Virginian-Pilot reports today that the federal prison sentence Michael Vick is likely to serve will feature a lifestyle of jobs like mopping floors for 12 cents an hour and living in a dorm with 100 other inmates.

Forster quotes Mike Truman, a spokesman for the Federal Bureau of Prisons, who says that many factors go into determining where to place an inmate, but someone with a relatively short sentence and no previous criminal convictions would likely be sent to a minimum security camp within 500 miles of his home address.

But a minimum security camp isn't a country club. Barring an illness preventing him from working, every inmate must have a job, which might include waxing or mopping floors, cleaning toilets, painting walls or cutting grass. Inmates get paid for their work, at a rate of 12 cents an hour. Vick can buy items like shoes and sweat suits from the commissary, and while he's not limited to buying whatever he can afford on his 12-cents-an-hour job, he also can't spend much beyond that. Inmates are held to spending limits of about $290 a month at the commissary, Forster reports.

A big question about Vick's prison sentence is whether he'll be able to stay in shape. Forster reports that most federal prisons have a running track and a basketball court. Some locations have weight rooms; others don't. In any event, Vick won't be getting the kind of training he's accustomed to as a professional athlete.

Will Vick be able to watch NFL games from behind bars? Probably some, as dorms typically have two televisions. But Monday Night Football might be out: Not all facilities have cable.


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POSTED 8:51 a.m. EDT; UPDATED 10:02 a.m. EDT, August 22, 2007

COULD VICK BE FORCED INTO BANKRUPTCY? by Michael David Smith

Michael Vick will most likely never collect another NFL paycheck. And he may be forced to write the Falcons a very large check, for more than $28 million in bonus money the team has already paid him.

But that might not be the end of Vick's financial woes. Vick has damaged the reputations of the companies that had endorsement contracts with him, and he's cost them money in products and marketing campaigns tied to him that they won't be able to use. Nike, for example, was all set to roll out the new Zoom Vick V shoe before Vick's indictment led them to halt the campaign.

That leads to the question of whether companies might be able to sue him for damages to their brands resulting from his conduct. Some endorsement contracts specifically mention this possibility; the specific language of Vick's endorsement deals is not known.

Although Nike might decide that going after Vick would just create more headlines that would remind people that it was once closely associated with him, it would be completely reasonable for Nike and other companies to expect Vick to compensate them for what he's cost them.

If the Falcons, Nike and others line up to try to get money from Vick, he could be forced to file for bankruptcy. Vick doesn't seem like the type of savvy investor who would have tens of millions of dollars saved up in a rainy day fund, and it seems extremely unlikely that he would be able to withstand such claims against him.

It wouldn't be unprecedented for a man who was once among the highest-paid athletes in the world to go broke. Mike Tyson earned around $300 million in his boxing career, and he ended up filing for bankruptcy. Vick may follow in Tyson's footsteps.


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