Less than seven years after going to jail for his part in a dogfighting ring, Michael Vick is weeks away from paying off the majority of the nearly $18 million he owed his creditors.
In the five-year period (2010 to 2014) in which he agreed to go on a restrictive budget to pay back his creditors, Vick earned more than $49 million during four seasons with the Philadelphia and one with the New York Jets.
As part of the plan to pay off his creditors, Vick stuck to living on a $300,000 budget, because more than 50 percent of what he was making went toward taxes and legal fees.
"I had never been on a budget before, so I had to pay attention to everything that I was doing," Vick said. "Now I realize that I don't need certain things I bought back in the day, like a new boat."
Vick says when he goes back to his normal lifestyle after the end of the month, he won't spend money like he used to.