Michael Vick Net Worth: How the Former NFL Quarterback Rebuilt His Multi-Million Worth After Imprisonment and Bankruptcy?

Micheal Vick was—and continues to be—one of the most electric players in National Football League (NFL) history. He holds the records for both the most career rushing yards by a quarterback (6,109) and the most rushing yards by a quarterback in a single season (1,039).

Vicks used to be the highest-paid player in the NFL, holding a 10-year contract of 130 million with the Atlanta Falcons in 2005. But his career took a turn when he pleaded guilty in 2007 to charges of running an illegal dog fighting ring and was subsequently sentenced to 21 months in federal prison.

Following his incarceration, Vicks made a remarkable comeback in 2009 with the Philadelphia Eagle. And despite his damage to reputation, he still managed to land a six-year contract worth $100 million in 2011, which included approximately $40 million guaranteed.

Michael Vick served in the Atlanta Falcons
Michael Vick served in the Atlanta Falcons

Image source: Pinterest

Michael Vick is no longer a member of the NFL, but his career earned him a significant net worth. Here’s how much he’s earned throughout his career.

What Is Michael Vick’s Net Worth? 

As of 2024, Michael Vick’s net worth is estimated to be between $16 million and $20 million.

Much of his net worth comes from his 16-year career as a quarterback for the Atlanta Falcons (2001 to 2006), Philadelphia Eagles (2009 to 2013), New York Jets (2014), and Pittsburgh Steelers (2015).

His other sources of income include sponsorships, merchandise, and real estate investments.

Michael Vick served in the Philadelphia Eagles
Michael Vick served in the Philadelphia Eagles

Image source: Pinterest

Football Career 

Michael Vick’s career in the NFL was nothing short of lucrative, earning no less than $120 million in his time in the league.

During his first year in the league, he reportedly signed a six-year contract with the Atlanta Falcons worth $37.3 million, which included $22.5 million guaranteed. He then signed a seven-year extension with the Falcons worth $91 million, with $30 million guaranteed.

Vick’s highest-paying contract came in 2005, when he signed a 10-year $130 million deal, making him the highest-paid player in the NFL at that time.

Vick’s career appears to be on the up and up until he was charged for his involvement in a dog fighting ring. Vick spent 21 months in federal prison, and the fallout from his conviction led him to declare bankruptcy in 2008; he didn’t repay the debt until 10 years later.

Upon his release in 2009, Vick managed to land a two-year contract with the Philadelphia Eagles worth $6.8 million, a stark contrast to his old $130 million contract.

However, Vick’s performance during that period led to a six-year contract with the Eagles worth $100 million, including around $40 million guaranteed.

Vick’s career also included stints with other teams, such as a one-year contract with the New York Jets in 2014 worth $5 million and a brief period with the Pittsburgh Steelers in 2015 for approximately $970,000, which marked the end of his career as a quarterback.

Vick remained involved in the NFL until 2017, working as a football analyst and commentator, as well as a mentor for younger quarterbacks.

Real Estate 

Michael Vick has several real estate properties to his name.

In 2008, he and his then-girlfriend (now wife) Kijafa Vick sold their property in Davie, Florida, for $1.4 million to Lawrence T. Guy.

Around a year later, Vick listed his Duluth, Georgia home for sale with an initial asking price of $3.2 million to pay off debts incurred during his bankruptcy proceedings. The property remains unsold, and Vick has increased the asking price from $3.2 million to $4.5 million in 2018.

Michael Vick's home in Plantation, Florida
Michael Vick’s home in Plantation, Florida

Image source: Google

In 2020, Vick and Kijafa listed their Plantation, Florida home for $2.4 million. The property features 9,280 square feet, six bedrooms, a media room, a guest house, a custom pool, an outdoor kitchen, and a basketball court. As of the latest information, it has yet to be sold.

Endorsements 

Throughout his career, Michael Vick partnered with several notable brands. Some of these brands included:

  • Nike
  • Powerade
  • Coca-Cola
  • Kraft
  • Hasbro
  • Rawlings
  • AirTran
  • EA Sports
  • Unequal Technologies
  • MusclePharm

At the height of his career, Vick earned approximately $2 million annually from endorsements alone, with Nike being a significant contributor to these earnings. Nike discontinued their contract with Vick following his legal troubles but later reinstated him as his reputation recovered.

Investments 

Vick in Boys and Girls Club
Vick in Boys and Girls Club

Image source: Instagram

In 2012, Michael Vick launched a sports clothing line called V7. During its release, a portion of its earnings was donated to the Boys and Girls Club of Philadelphia.

The V7 clothing line has an active Instagram account with nearly 16k followers, but the last post was in 2020. Vick’s merchandise website michealvickcollection.com hasn’t been active since 2020 either.

Car Collection 

Michael Vick owes several luxury vehicles, including:

  • 2012 Audi A8L
  • 2012 Lexus LX570
  • 2012 Cadillac Escalade EXT
  • 2012 Jaguar XJ
  • 2013 Infiniti QX56

Vick’s most recent addition is a Maybach 30, which cost him $300,000 according to a podcast he had with football wide receiver Tyreek Hill.

In the interview, Vick mentioned how he regretted the purchase because it attracted too much attention—especially from the cops. “If the police stop you to ask you what type of car you’re in, you need to reconsider if you want to keep that car,” he said.

What Is Michael Vick Doing Now? 

Despite retiring from the NFL, Michael Vick hasn’t stepped away from the sports world.

Currently, Vick serves as the head of athletic development for Levels Sports Group and occasionally appears as an NFL analyst on Fox NFL Kickoff on FS1.

 

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Before that, he acted as the captain of the American Flag Football League and briefly coached the Kansas City Chiefs. He was also hired as offensive coordinator for the Atlanta Legends of the Alliance of American Football. Recently, Michael Vick was named as the 19th head football coach of Norfolk State University.

Wrapping Up 

As of 2024, Michael Vick has a net worth of between $16 million to $20 million. Vick was one of the most notable players of the NFL during his time, being the first quarterback to rush for over 1,000 yards in a single season (2006 with the Atlanta Falcons). Vick also became the all-time leader in rushing yards by a quarterback, a record he still holds. But on Christmas Day, Ravens’ Lamar Jackson passes Michael Vick for the all-time QB rushing yards record.

Today, Vick is the head of athletic development for Levels Sports Group. He also occasionally appears as an NFL analyst on shows like Fox NFL Kickoff on FS1.


Featured image source: Pinterest

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