Michael Vick's Biggest Fans? His Creditors
Tomorrow night, ESPN Radio's "The Sporting Life" will air an "Outside The Lines" piece on Michael Vick's debt. It seems his creditors are his biggest fans, as they stand to potentially earn a huge payday if Vick gets his new contract.
Vick owes various creditors upwards of $20 million, and the better he plays (and the more he makes), the better their chances of getting paid.
We have some audio from the upcoming segment, in which Vick's creditors and his former financial planner weigh in.
Rick Radtke, creditor owed $250,000 by Vick under bankruptcy agreement (owner of Radtke Sports memorabilia business):
“Every Monday morning, my wife asks me, ‘How did Mike Vick do? Are we ever going to see the money?’”
Michael Smith, a financial planner who warned Vick about his hangers-on (someone should tell Lou Williams about these guys):
“I used to tell Michael, ‘Listen, none of these guys have jobs. You know what their job is? Their job is to get money out of you. That’s their job."
Vick has fans everywhere. Click to listen.
Perhaps his girlfriend could have done without the $100,000 Porsche he bought her. Although, he did sell exclusive pics of it to TMZ to recoup some of the cash…
You can listen to the full story on The Sporting Life with Jeremy Schaap tomorrow night at 10 P.M. on ESPN Radio.
