Saturday, August 25, 2007

Cost -Benefit Analysis: Michael Vick Edition

"Falcons quarterback Michael Vick's guilty plea on federal dogfighting charges could wind up costing him well over $100 million.

Vick will lose $71 million in salary over the next seven years if the Falcons terminate his contract, which legal experts say the team has the right to do.

He also figures to lose as much as $50 million in endorsement income over the next decade, according to an estimate by the University of Oregon's Warsaw Sports Marketing Center.

Then add to Vick's costs the legal fees and other possible fallout from the case."

full story



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