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Michael Vick
Haraz N. Ghanbari/Getty Images
MICHAEL VICK


Vick To Repay $2.4M For Defaulting On Loan

Imprisoned Falcons Quarterback Serving 23-Month Sentence

POSTED: 1:42 pm EDT May 8, 2008
UPDATED: 2:10 pm EDT May 8, 2008

A federal judge in Virginia ordered imprisoned quarterback Michael Vick to repay more than $2.4 million to a Canadian bank for defaulting on a loan.

The Royal Bank of Canada sued Vick in September, arguing his guilty plea to federal dogfighting charges -- and the resulting impact on his career -- prevented him from repaying the loan.

According to the suit filed in U.S. District Court in Newport News, the loan's terms specify that any employment change negatively affecting Vick's income constitutes a default on the loan.

Vick is serving a 23-month prison sentence after pleading guilty last year to bankrolling a dogfighting ring.

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