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09-26-2007, 01:09 PM | #31 | |
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09-26-2007, 01:13 PM | #32 |
v^V^v^V^v^V^
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I hope this mistake doesn't ruin his reputation.
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09-26-2007, 01:22 PM | #33 | |
Say hello to my little friend
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09-26-2007, 01:29 PM | #34 |
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Isn't he actually still in the league, just suspended? I mean he is still under contract. I think this gives the NFL even more fuel to outright ban him. I wonder if he realizes yet how badly his career is ruined.
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09-26-2007, 01:40 PM | #35 | |
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Yep, here it is: http://www.tsn.ca/nfl/news_story/?ID=219170&hubname= TORONTO - The legal woes of former NFL superstar quarterback Michael Vick took an unexpected Canadian twist Tuesday as the country's biggest financial institution, the Royal Bank of Canada (TSX:RY), revealed in court documents it's suing the suspended Atlanta Falcons quarterback for more than US$2.3 million. The Toronto-based bank, which also does business in the U.S. South under its RBC Centura banner, is arguing that Vick's guilty plea on federal dogfighting charges and the resulting impact on his career have prevented him from repaying money he borrowed. Vick borrowed $2.5 million from the Royal's private banking arm in January, with plans to use the money for real estate investments, the Toronto-based bank said in the lawsuit filed in U.S. District Court in Newport News, Va. Vick, from the Virginia community, now lives in Hampton, Va. Details of the Royal Bank lawsuit came Tuesday as Vick was also indicted on state charges - on top of his guilty plea last month on federal charges - related to a dogfighting ring operated on his Surry County property in Virginia. In its lawsuit, Royal Bank said the loan's terms specify that any employment change reducing Vick's income constitutes a default on the loan. "The defendant has been suspended by the National Football League from his employment as a quarterback for the Atlanta Falcons, or his employment is otherwise in jeopardy as a result of a plea bargain agreed to by the defendant in connection with criminal charges stemming from his involvement with a dog-fighting ring," the legal filing said. "The criminal charges and resulting impact on the defendant's employment constitute a material adverse change in the employment, performance, condition or prospects of the defendant which materially affect the his ability to repay the term note, and therefore constitute an event of default." Vick, the bank alleges, also failed to "promptly provide" a semi-annual personal financial statement, as well as disclosure of his liquid assets. Yet Vick has taken certain advances from the term note, accuring interest and other fees or costs, the filings says. Royal is demanding "immediate payment in full" of $2,313,694.37, plus $499 in interest per day, starting Sept. 19, as well as lawyer's fees. An Royal Bank spokeswoman in Toronto declined to comment on the case, citing client confidentiality. Lawyers for Vick and the Royal Bank were not immediately available for comment. Vick, who already pleaded guilty in a U.S. federal court last month to a dogfighting conspiracy charge and is awaiting sentencing on Dec. 10, was also indicted Tuesday on state charges related to a dogfighting ring operated on his Surry County property. He has admitted helping kill six to eight dogs and faces up to five years in prison when he is sentenced in December. He has been indefinitely suspended without pay and has lost all his major sponsors, including Nike. The case began in late April when authorities conducting a drug investigation of Vick's cousin raided the former Virginia Tech star's property and seized dozens of dogs, most of them pit bulls, and equipment commonly associated with dogfighting. Six weeks later, with the local investigation perceived to be dragging and a search warrant allowed to expire, federal agents arrived with their own search warrants and started digging up dog carcasses buried days before the first raid. Vick, a quarterback who was a star during his collegiate playing days at Virginia Tech University, signed the richest contract in NFL history in 2004, a 10-year deal that paid him $130 million. However, default provisions of the contract and his suspension by the NFL, could cost him up to $100 million in lost revenues, some experts estimate.
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09-26-2007, 01:52 PM | #36 | |
GO CHIEFS!!!!!!
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AWESOME!!! "it's not illegal to test positive for pot" great stuff.
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09-26-2007, 02:21 PM | #37 | |
a.k.a. Lenny
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Then why did you click on and read this thread? |
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09-26-2007, 03:14 PM | #38 |
Blah Blah Blah
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What a retart. Between Mikey and Marcus, momma Vick must be proud.
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09-26-2007, 03:16 PM | #39 |
WE ARE THE CHAMPIONS
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I'll take Douchebags I'm Tired of Hearing About for $1,000, Alex.
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09-26-2007, 03:23 PM | #40 |
testing ... 1, 2, 3
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I'm just darn glad he didn't test positive for canine hemoglobin.
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09-26-2007, 03:51 PM | #41 |
THE RED MENACE
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DOGPILE!!! Oh nevermind.
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09-26-2007, 06:24 PM | #42 |
Run Chiefs fans, run!!
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This is a HUGE surprise. NOT! hahahhah
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09-26-2007, 07:06 PM | #43 | |
Kind of a mod
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09-26-2007, 08:02 PM | #44 |
pie is never free
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If i was facing ATLEAST a year in the Federal clink, i'd wanna fire up some killer too.
Having said that, what a MONUMENTALLY stupid thing to do...he was likely facing only a year, but you can BET the judge will remember this at sentencing time. I honestly think this explains a good deal of his NFL struggles, maybe it mostly wasnt that "the system didnt fit him"..."they're stifling his natural ability/forcing him to stay in the pocket too much" etc. Its starting to look like, just like Wrecks Grossman...that he's a mental midget. |
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09-26-2007, 08:04 PM | #45 |
3M TA3
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In other news the exhumed body of Athur Bryant tested positive for pork fat.
DT |
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