Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much did Michael Vick make before his stupid stunt?

0
Posted

How much did Michael Vick make before his stupid stunt?

0

Here is the Atlanta Falcon’s web site information on Vick’s contract, very long answer! Contract details Signed by Falcons to a six-year contract worth $62 million on May 9, 2001. Vick will receive $15.3 million in guaranteed money over the first three years of the deal. An initial signing bonus of $3 million and a base salary of $2 million will give him a cap figure of $2.5 million in 2001. In 2002, his base salary is $2.5 million, followed by $3 million (2003), $3.5 million (2004), $4 million (2005) and $4.5 million (2006). That makes the deal intitally worth $22.5 million over six years. But the team has the option to add two additional years to the contract through March 10, 2002 by paying $8 million. In 2007, his base salary will be $3.4 million and $3.9 million in 2008. This option also reduces each base salary from 2002-06 by $1.6 million, making them $900,000 (2002), $1.4 million (2003), etc. This will allow Vick’s salary cap figures to reduce from $3 million to $2.543 million

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123