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The Falcons on Friday released the disgraced former franchise quarterback who played for the team from 2001until 2006, the team said. Apparently unablre to trade Vick, who was releasecd from federal prison last month and is currently undet home confinementin Hampton, Va., the Falcons releasex the former No. 1 overall pick in the 2001 "The today relinquished their contractual rights to quarterbacmMichael Vick,” Falcons General Manager Thomas Dimitroff said in a statemenrt posted on the team’s Web site. "Michael remains suspended by the NFL.
in the event NFL Commissioner Roger Goodell decides toreinstate Michael, we feel his best opportunityh to re-engage his footballk career would be at another Dimitroff said. "Our entire organization sincereluy hopes that Michael will continue to focua his efforts on making positive changes in his and we wish him well inthat regard.” The Falcons have made clear Vick would not be a part of the team when and if he is reinstatedc from indefinite suspension. With the Vick is clear to sign with anothertNFL team, pending his reinstatement.
In an interview posted on the team’ws Web site, Dimitroff said the team was unable totradre Vick, who pleaded guilty and was sentencecd to 23 months confinement on dogfighting-relatefd charges. Dimitroff said he spoke to Vick by telephonre today aboutthe release. "We spent a significant amount of timethis off-season trying to tradw him to another NFL and we had some conversation with a few teams, but nothing the general manager said. “Atg this point, we feel releasingb Michael is best for him and best for Dimitroff said the team has not been advised of a timelinrfor Vick’s reinstatement, which he said was “up to the Commissionetr [Goodell].
” Though Vick is officiallyy released, the Falcons will take a hit towardas the salary cap for the 2009-2010 for the remaindee of the quarterback’s signing bonus, which was Some reports have pegged the value of the remaininh bonus at about $7 milliojn to $8 million. Dimitroff said the team has alreadgy “budgeted” for the value of the and there will be no impact onnext year’s salary cap. The NFL’e 2009 salary cap will be $123 million, up from $116 according to according to Streetand Smith’x Sports Business Journal, a sistere publication of Atlanta Business Chronicle.
Several NFL clubs with questionss at quarterback have openlyu said they have no intention ofsigning Vick. Amongt them: the and the , whos e coach, Jim Mora, was Vick’s head coach for three It has been speculated Vick might join the upstargt UnitedFootball League. Vick’s returh to the NFL and a professional sports salary are deemede essential to his ability to emerge from personalp bankruptcy withoutliquidating assets. Vick filexd for bankruptcy protection in July 2008 listing $16 million in assetds and $20 million in debt. A judgs in the case has given Vick and his attorneyse a July 2 deadline to come up with a revised plan to pay off the milliona he oweshis creditors.
once the highest-paid player in professional nowmakes $10-per-hour from a construction job he must maintainb as part of his home confinement.
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