Jump to content

Stallworth suspended for full '09 season


scribo

Recommended Posts

Yes excellent points.

 

There is a hard line never crossed between civil and criminal penalty.

 

There is also a hard and fast line between advertising and editorial in the newspaper :wallbash:

By your logic, if there were no survivors of the dead guy to "pay off", I guess he would have gotten a life sentence?

 

Also, the judge does not determine guilt or offer plea deals. The People's representative (the DA) does that.

 

But that's only true here on Earth.....

Link to comment
Share on other sites

  • Replies 41
  • Created
  • Last Reply

Top Posters In This Topic

He was not fined all his money. He had to pay back like 6 million of his signing bonus I believe. He had to pay lawyers due to his criminal actions. I am guessing he blew a ton of money and assumed it was a never ending fount he could tap at will.

That's what it looks like:

 

His salary from the Atlanta Falcons was $11.4 million in 2006 and $6 million in 2007. Along with substantial income from endorsements, the windfall allowed Vick to spread the wealth, paying mortgages and bills for family members and keeping them flush in spending money.

 

"Chump change," Vick wrote on one $1,000 check to his mother.

 

But his balance sheet is now grim. Vick claims assets of $16 million and liabilities of $20.4 million. He's on the hook for judgments of $2.4 million to the Royal Bank of Canada and $1.1 million to Wachovia Bank, both because of loan defaults, and $4.5 million for a sports agent who sued him and won.

 

Meanwhile, his monthly bills are piling up: his mother Brenda Boddie's $4,700 mortgage; more than $2,000 in car payments for her Cadillac XLR and Escalade; a $2,500 mortgage for fiancee Kijafa Frink and their two children; $1,160 for Frink's Range Rover; a $781 payment for his sister's Yukon Denali; $3,500 in monthly support for his young son and the boy's mother.

It's a good read on the financial mess he got himself into, and it shows that he didn't lose all his money because he went to jail. He lost it because he spent money on his friends and family like MC Hammer; he had some failed business ventures; owes a ton of money to his lawyers; has to pay back a good chunk of his signing bonus; and was also defrauded by a couple financial advisers who supposedly bilked him out of over a half-million dollars.

http://sports.espn.go.com/nfl/news/story?id=3718121

Link to comment
Share on other sites

×
×
  • Create New...