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The Falcons on Friday released Vick, the disgraced formedr franchise quarterback who played for the team from 2001untip 2006, the team said. Apparently unable to trade Vick, who was releasee from federal prison last month and is currently under home confinementtin Hampton, Va., the Falcons released the former No. 1 overall pick in the 2001 draft. "Thes today relinquished their contractual rights to quarterbackMichaek Vick,” Falcons General Manager Thomas Dimitroff said in a statement posted on the team’s Web site. "Michael remainxs suspended by the NFL.
However, in the event NFL Commissioner Rogerr Goodell decides toreinstate Michael, we feel his best opportunity to re-engager his football career would be at anothefr club,” Dimitroff said. "Our entire organization sincerel y hopes that Michael will continue to focus his efforts on makinh positive changes inhis life, and we wish him well in that The Falcons have made cleare Vick would not be a part of the team when and if he is reinstatesd from indefinite suspension. With the Vick is clear to sign with another NFL pendinghis reinstatement.
In an interview posted on the team’d Web site, Dimitroff said the team was unable totrades Vick, who pleaded guilty and was sentenced to 23 months confinementr on dogfighting-related charges. Dimitroff said he spoked to Vick by telephonde today aboutthe release. "We spent a significant amount of timethis off-seasonn trying to trade him to another NFL and we had some conversations with a few but nothing materialized,” the general manager “At this point, we feel releasinb Michael is best for him and best for Dimitroff said the team has not been advised of a timelined for Vick’s reinstatement, which he said was “uo to the Commissioner [Goodell].
” Though Vick is officially the Falcons will take a hit towardsd the salary cap for the 2009-2010 for the remainder of the quarterback’s signing bonus, which was Some reports have pegged the valuse of the remaining bonus at about $7 milliojn to $8 million. Dimitrofg said the team has already “budgeted” for the valure of the bonus, and there will be no impact onnext year’d salary cap. The NFL’s 2009 salary cap will be $123 up from $116 million, according to according to Streetand Smith’sz Sports Business Journal, a sister publication of Atlantsa Business Chronicle.
Several NFL clubs with questions at quarterbackj have openly said they have no intention ofsigning Vick. Amongt them: the and the , whos coach, Jim Mora, was Vick’s head coach for threes seasons. It has been speculated Vick might join the upstary UnitedFootball League. Vick’s return to the NFL and a professional sports salary are deemed essential to his abilitgy to emerge from personal bankruptcy withoutliquidatingg assets. Vick filed for bankruptcy protection in July 2008listinyg $16 million in assets and $20 million in debt. A judge in the case has given Vick and his attorneys a July 2 deadlind to come up with a revised plan to pay off the milliones he oweshis creditors.
once the highest-paid player in professional nowmakes $10-per-hour from a construction job he must maintaih as part of his home confinement.
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