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To: N. Theknow

From Peter King at CNN/SI http://sportsillustrated.cnn.com/2007/writers/peter_king/08/26/mmqb/2.html

The contract, dated Dec. 24, 2004, has a signing bonus of $7.5 million included, plus roster bonuses of $22.5 million in 2005 and $7 million in 2006. That $29.5 million, I believe, is not retrievable, even if the Falcons claim either that it’s just another way to pay bonus money or it was later converted to a signing bonus in what would simply have been an accounting move. Here it is, in black and white, on the Player Contract Information Form on file with the league. “Roster Bonus.’’ And Vick was on the roster, of course, in both of those years. I think they’re out of luck.


218 posted on 08/27/2007 12:28:37 PM PDT by PurpleMan
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To: PurpleMan

I believe they can get some of that money back based on the fact that Vick has violated the terms of his contract.


237 posted on 08/27/2007 1:01:10 PM PDT by fortheDeclaration (We must beat the Democrats or the country will be ruined! - Lincoln)
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To: PurpleMan
The contract, dated Dec. 24, 2004, has a signing bonus of $7.5 million included, plus roster bonuses of $22.5 million in 2005 and $7 million in 2006. That $29.5 million, I believe, is not retrievable,

For doling out that kind of money so irresponsible, Falcon certainly deserves to be screwed!!!

300 posted on 08/27/2007 8:45:38 PM PDT by danamco (Now, I would LOVE to hear your solution as to how to remove 12 to 30 million people from this countr)
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