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Falcons, Vick Said to Settle Contract Case

Quarterback Michael Vick and the Atlanta Falcons reportedly reached a settlement that would limit the range of the possible reimbursement that Vick would have to make to the team for violating the terms of his contract.

Vick will repay either $6.5 million or $7.5 million depending on the outcome of the case in court, ESPN reported.

The Falcons originally were awarded approximately $20 million but that amount was reduced to $3.75 million by a federal judge. The case is now on appeal. Under the terms of the reported settlement, Vick would repay $6.5 million if he prevails in the appeal and $7.5 million if the Falcons prevail.

The settlement could lead to Vick being released by the Falcons, ESPN reported.

However, that would change little about Vick's playing status. The Falcons already had made it clear they didn't want him back and had announced they were attempting to trade him. Vick remains on indefinite suspension by the NFL. Commissioner Roger Goodell said at last week's annual league meeting that Vick would have to demonstrate remorse to be reinstated. Goodell declined to give a specific timetable for making that decision, leaving it unclear whether he'll rule before the 2009 season.

Vick is serving a 23-month federal prison sentence for his role in a dogfighting operation based at a property that he owned in Virginia. He's scheduled to be released in July.

By Mark Maske  |  March 31, 2009; 9:12 AM ET  | Category:  Falcons Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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