Michael Vick can relate to Tom Brady’s financial loss. Brady lost a fortune when FTX, a cryptocurrency platform he invested in, crashed. Brady had about 1.1 million shares in late 2022, and he was one of the worst hits. Vick also lost $8 million to a scammer who posed as his financial advisor. Vick opened up about his experience and his advice on Tyreek Hill’s ‘Podcast’.

The former Falcons star had a roller-coaster career. He was a superstar until he went to jail for dogfighting and lost everything. Vick may have looked up to Brady’s toughness and leadership, and he compared it to his own comeback to the NFL in 2009 with the Eagles. He played until 2015, and he stressed that having a lot of money means taking care of the people and things that matter.

Former QB Vick’s shocking $8 million loss

Michael Vick, the former NFL star who went to prison for running a dogfighting ring, has revealed another shocking loss he suffered during his legal troubles. In a recent podcast with Tyreek Hill, Vick shared how he lost $8 million to a financial advisor who disappeared when he needed him the most. Vick said he had trusted the advisor with his money, which was around $15 million at the time, and followed his plan to grow his wealth and duped with millions. Tyreek was shocked and asked, “That’s crazy. How much they took?”  Vick replied with a shattering voice, “8 million bro, but story for another day.”

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Former QB said, “I was on my way [to Jail], but before it’s like two years prior, I linked up with a financial advisor, and I had so much bread. I was just like, you know, I had like 15 million, like straight cashing, but I already had everything that I wanted, right? Ain’t had nothing to do with it, and I was, I ain’t know how to grow it. I’m 25 years old. I don’t know what to do to make this, so I entrusted somebody who came with a great plan.”

Also mentioned, “And if it would have materialized, it would have just been like for generations and so, I guess once I started going through my case and what I was going through, they felt like they could just like dip off and not, you know, once I went to prison, I can’t call out, so they got ghosts on me.” Vick said he had to start all over from scratch, and that the issue is still not resolved.

Mom’s reminder of financial downfall remains

But when he was arrested and sentenced to 23 months in federal prison in 2007, the advisor vanished, leaving Vick with nothing. His mom still speaks about it to this day, “Mom still speak on that to this day so it ain’t over it’s definitely not over.”  Vick did not go into details about how he lost his money, but he promised to tell the story later.

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While in prison, Vick filed for Chapter 11 bankruptcy protection and was nearly $20 million in debt. He lost his NFL salary, endorsements, and his reputation. Vick was released from prison in May 2009 and later resumed his football career with the Philadelphia Eagles.

Michael Vick retired from professional football in 2017 after playing for the Atlanta Falcons, the Philadelphia Eagles, the New York Jets, and the Pittsburgh Steelers. He is currently working as an analyst for FOX NFL Kickoff and other Fox Sports 1 programs.

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