Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups


NoVaMoMe 2024: 06/08/2024
Arlington, VA
Registration Is Open!


Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX
Contact Ben Had for info





















« Boomers Vs. Xers (Vs. Yers?) | Main | Myth: The Wild West Was Indeed Wild
Truth: Actually, It Wasn't Very Wild At All
Real, No-Bullshit Truth: Actually, The First Guy Had It Right: It Was Pretty Wild »
August 26, 2007

Civil Asset Forfeiture: Falcons Want $22 Million Back From Michael Vick

Do a man's crime, pay a man's fine:

The Falcons will try to recoup $22 million already paid to suspended quarterback Michael Vick, a person with knowledge of the team's plans told the Journal-Constitution on Saturday.

Vick was suspended indefinitely by the NFL on Friday after he pleaded guilty to federal dogfighting charges in Virginia. That cleared the way for the Falcons to pursue money paid to Vick in signing bonus money.

Vick has received roughly $40 million in guaranteed bonuses — and even more in base salary — but teams are only allowed to try to recoup money paid in signing bonuses, per the collective bargaining agreement with the players' union.

To collect the money, Vick must remain on the Falcons' roster. Therefore the team will not release Vick until the matter is resolved, the person familiar with the situation said.

The Falcons are expected to cut ties with Vick, once their most popular player, once the signing bonus matter is finalized.

If Atlanta receives payment from Vick, the money would be applied to the salary cap of the upcoming season. For example, should Atlanta receive all of the $22 million it seeks before the 2008 NFL calendar year, it would be credited toward the 2008 salary cap.

That would provide a huge windfall of cap space for the Falcons to use in pursuing free agent players.

As for this season, the Falcons will not have to pay Vick his $6 million base salary. However, he will count roughly $8.5 million against their salary cap. Though Vick will remain on the roster, he will be placed on a suspended list, which will allow the Falcons to add a player in Vick's place.

Can anyone tell me-- do these actions usually work? Does the NFLPA stop teams from recouping money like this? Or does the NFLPA have no say?

Answers! Abe--

Everything I've seen and read treats it as a forgone conclusion. The 22m was advanced for future performance, if he was cut/released the dough is his to keep. If they keep him, and he does not play due to suspension, incarceration, retirement etc he owes the team the money. Similarly to Strahan's "holdout" with the Giants. If he retires the team could force him to return some portion of the contract's bonus money. They had the option with Tiki as well, and did not exercise. Same deal unfolding with Jake the Snake. I believe the team is looking to recapture 7m.


From retired NFL staff guy Bruce:

I just retired (staff) from an NFL team. The players union has no bone in that fight - it's all contractual. They'll get it back. Like Abe said, signing bonuses are based on expected performance.

Nice choice of logo, Bruce.


digg this
posted by Ace at 05:01 PM

| Access Comments




Recent Comments
Philip J Fry: "[i]A can of sardines packed in 2000 will still be ..."

[/i][/b]andycanuck (vtyCZ)[/s][/u]: "283 I love the early goalie pull … -------- ..."

JT: "The difference between a sardine and a smelt? 1/2 ..."

browndog is petty that way : "I love the early goalie pull … ..."

Cannibal Bob: ""That and showing off for the kids, trying to be r ..."

San Franpsycho: "*reaches for brain bleach* ..."

San Franpsycho: "The scene of Biden mistakenly reading the stage di ..."

SFGoth: "Billboard that used to be in San Francisco: w ..."

...: "NEW: UCLA medical school's mandatory health equity ..."

Ben Had: "The difference between a sardine and a smelt? 1/2 ..."

SFGoth: "If you leave out eggs, butter, milk, OJ, Bread and ..."

JackStraw: ">>They've been like that for decades even with coa ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64