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Old 08-30-2007, 12:53 PM
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vincesanity82 vincesanity82 is offline
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Dear Vick, Falcons Want 20 MIL Back

Len Pasquarelli of ESPN.com reports that the Atlanta Falcons have demanded a $20 million refund from Mike Vick.
Prior media reports indicated that the Falcons would pursue $22 million. We believe that the Vick contract entitles the Falcons to seek more than $28 million.
The key here is the extent to which $29.5 million paid to Vick as roster bonuses that were converted at the team's option to guaranteed payments are subject to forfeiture. Vick and the NFLPA will argue that it the roster bonuses are exempt; the NFL and the Falcons will argue that they are not.

It's unknown how the Falcons came up with the $20 million. It could be that the Falcons believe that they can get more than that, but that they have made an opener of $20 million in an effort to negotiate a compromise between $3.75 million and $28 million.

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Old 08-30-2007, 05:42 PM
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azrael492 azrael492 is offline
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Re: Dear Vick, Falcons Want 20 MIL Back

This could take a while. There is a lot of haggle room between 3.75 and 28 million.
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