Mike Vick has an estimated net worth of around $20 million as of 2023.
Mike Vick is a former American football quarterback who played 13 seasons in the National Football League (NFL). He was selected first overall by the Atlanta Falcons in the 2001 NFL Draft and spent most of his career with the Falcons before later playing for the Philadelphia Eagles, New York Jets, and Pittsburgh Steelers.
However, Mick Vick played for the Atlanta Falcons, Philadelphia Eagles, New York Jets, and Pittsburgh Steelers. However, his career was marred by controversy when he was involved in a dogfighting scandal that led to his imprisonment.
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Mike Vick Net Worth
Mike Vick has achieved an impressive net worth of $20 million throughout his career. During his NFL playing career, Vick earned over $100 million in salary alone. However, his earnings took a massive hit after his conviction and imprisonment related to dog fighting.
Vick filed for Chapter 11 bankruptcy in 2008 after failing to repay approximately $20 million that he owed to various creditors. After returning to the NFL, Vick recovered financially to some degree, but his net worth is still a fraction of what it could have been without his off-field troubles.
However, Vick has made money through endorsements, TV and movie appearances, book publishing, and various business ventures and investments over the years.
Early Life and Background
Michael Dwayne Vick was born on June 26, 1980, in Newport News, Virginia. He is the second of four children born to Brenda Vick and Michael Boddie.
Vick grew up in a tough environment in the Ridley Circle Homes public housing project. His father worked long hours as a sandblaster at the Newport News shipyard to support the family.
From a young age, Vick excelled at sports, especially football and basketball. He started playing organized football at age 8 and honed his skills as a quarterback. As a teenager, Vick led his high school football team to a state championship in 1997.
Education
Vick attended Warwick High School in Newport News, Virginia, from 1994 to 1998. As a senior, he passed for 1,668 yards and accounted for 28 total touchdowns, leading his team to a 14-0 record and the Division 5A state championship.
After high school, Vick got an award for an athletic scholarship to attend Virginia Tech. Playing under coach Frank Beamer from 1998 to 2000, Vick had an outstanding collegiate career for the Virginia Tech Hokies.
NFL Career Highlights
- 2001 NFL Draft – Vick was selected by the Atlanta Falcons with the 1st overall pick. He signed a 6-year, $62 million contract with the Falcons.
- Run-heavy offense (2001-2003) – Early in his career, Vick relied more heavily on his running abilities, rushing for over 700 yards in 2002 and 2003.
- Pro Bowl selection (2004) – Vick earned his first of 4 career Pro Bowl selections after passing for 2,313 yards and 14 TDs and rushing for 902 yards and 3 TDs in 2004.
- Historic playoff win (2004) – Vick led the Falcons to their first playoff win in franchise history over the Green Bay Packers at Lambeau Field in the 2004 NFC Wild Card round.
- Career-high passing yards (2006) – Vick set a career-high with 2,474 passing yards in 2006. He also rushed for 1,039 yards, making him the first NFL quarterback to top 1,000 yards rushing.
- Dog fighting and prison time (2007-2008) – In 2007, Vick pled guilty to federal felony charges related to a dog fighting ring and served nearly two years in prison, missing both the 2007 and 2008 NFL seasons.
- Comeback with Eagles (2009-2013) – After being released by Atlanta, Vick signed with the Philadelphia Eagles in 2009. He had a phenomenal comeback in the 2010 season under coach Andy Reid, in which he passed for 3,018 yards, 21 TDs, and had a 100.2 QB rating, earning the AP Comeback Player of the Year Award. Vick led the Eagles to the playoffs in 2010 and 2011.
- Final seasons (2014-2015) – Vick’s last two seasons in the NFL were with the Jets and Steelers in a backup role before announcing his retirement after the 2015 season.
Vick retired, having passed for 22,464 yards, 133 passing TDs, and an 80.4 passer rating. He added 6,109 rushing yards and 36 rushing TDs in 143 career games.
Personal Life
Mike Vick married his high school sweetheart, Kijafa Frink, in 2012. They have three children together: two daughters named Jada Vick and London Vick and a son named Michael Vick Jr. Vick also has a son named Mitez Vick from a previous relationship with his high school girlfriend, Tameka Taylor.
Vick’s personal life has been rocky at times, especially during the dog fighting scandal and aftermath. He filed for bankruptcy in 2008 despite earning over $100 million in his NFL career up to that point.
Since retiring, Vick has expressed regret over his role in dog fighting, becoming an advocate against animal cruelty. He has worked with organizations such as the Humane Society to speak out against dog fighting.
Sources of Income
During his playing days, Vick earned around $130 million in NFL salary from the Falcons, Eagles, Jets, and Steelers. However, a large portion went to creditors after his bankruptcy filing.
Earlier in his career, Vick had major endorsement deals with companies like Nike, Coca-Cola, Powerade, Kraft, Rawlings, and more. But he lost these lucrative deals after the dog fighting conviction. His endorsements after returning to the NFL were minimal.
Also, Vick has made various TV appearances over the years, mostly as a football analyst and commentator. He had a documentary TV series called “The Michael Vick Project” in 2010. He also played a small role in the 2012 comedy film “The Campaign.”
Vick co-wrote an autobiography titled “Finally Free,” detailing his early rise to stardom and subsequent downfall related to dog fighting.
However, Vick has earned income through various investments and business ventures. For example, he previously owned franchises of the snack brand “Wienerschnitzel.”
Business Ventures and Endorsements
Vick has earned income from various business ventures and endorsements throughout his career. He has invested in several restaurant franchises. He previously owned multiple franchises of the fast food chain “Wienerschnitzel.” However, Vick opened the celebrity-inspired restaurant “V7 Grill” in 2011 at the Philadelphia airport.
Capitalizing on his brand, Vick launched a clothing and accessories line called V7 to sell merchandise like t-shirts, hoodies, and hats. A portion of the proceeds went to the Boys and Girls Club.
Earlier in Vick’s career, he had lucrative deals with brands like Nike, Powerade, Coca-Cola, Kraft, Rawlings, and more. However, he lost those endorsements in light of the dog fighting scandal. His post-prison endorsements were minimal – companies like Unequal Technologies and CareFirst BlueCross BlueShield.
Vick started a company called Orokon Innovation Development Corp that was working on developing a video game titled “Mike Vick: GameBreaker.” The game was canceled after his dog-fighting conviction.
FAQs on Mike Vick Net Worth
What was Mike Vick’s biggest NFL contract?
Vick signed a 10-year, $130 million contract with the Atlanta Falcons 2004. It was the richest contract in NFL history at the time. However, he never saw most of the money due to his dog-fighting conviction and prison time.
What was Mike Vick’s lowest salary in the NFL?
After being released from prison in 2009, Vick signed a 1-year contract with the Philadelphia Eagles for just $1.6 million, with additional incentives. It was a dramatic decrease from his record-setting $130 million Falcons contract.
How much did Mike Vick lose from endorsements and bankruptcy?
Vick lost around $100 million from endorsements, lawyer fees, and creditors after his animal cruelty conviction, according to some reports. Major brands cut ties, and Vick filed for Chapter 11 bankruptcy in 2008. His liabilities between debts and lawsuits surpassed $20 million.
Final Thoughts
Mike Vick’s net worth showcases his successful career as a professional football player and entrepreneur. His ability to overcome personal setbacks and build a solid financial foundation is impressive. From his lucrative NFL contracts to his various business ventures, Vick has managed to amass a significant fortune.
As one of the most recognizable figures in the sports industry, Mike Vick’s financial success is worthy.
