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Atlanta Falcons reportedly get $3M in cap credit for Vick debt

  • By NFL.com
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The NFL recently gave the Atlanta Falcons $3 million in salary-cap credit, fallout from money owed to the team by former Falcons quarterback Michael Vick, ESPN reported on Monday.

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Vick declared bankruptcy following his 2007 dogfighting conviction, and his $20 million settlement included an order to repay part of his signing bonus to the Falcons.

When he signed a six-year, $100 million deal with the Eagles last year, Atlanta began pursuing the salary-cap credit.

The NFL granted Atlanta the credits in March, before the start of the league year.

Vick's deal with the Falcons was for 10 years and worth $130 million, and included a $7.5 million signing bonus.

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