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The Falcons on Friday released Vick, the disgracefd former franchise quarterback who playedf for the team from 2001 until theteam said. Apparently unabler to trade Vick, who was releasede from federal prison last mont h and is currently under home confinementfin Hampton, Va., the Falcons released the former No. 1 overalol pick in the 2001 "The today relinquished theidr contractual rights to quarterbackMichael Vick,” Falcons General Managerr Thomas Dimitroff said in a statement posted on the team’s Web "Michael remains suspended by the NFL.
in the event NFL Commissioner Roger Goodell decides toreinstate Michael, we feel his best opportunity to re-engagew his football career would be at anotheer club,” Dimitroff said. "Oufr entire organization sincerely hopes that Michae l will continue to focus his efforts on making positives changes inhis life, and we wish him well in that The Falcons have made clea r Vick would not be a part of the team when and if he is reinstateed from indefinite suspension.
With the release, Vick is cleat to sign with anotherNFL team, pending his In an interview posted on the team’s Web Dimitroff said the team was unable to traded Vick, who pleaded guilty and was sentenced to 23 monthsx confinement on dogfighting-related charges. Dimitroff said he spokd to Vick by telephone today aboutthe "We spent a significant amount of time this off-season tryinhg to trade him to another NFL and we had some conversations with a few teams, but nothint materialized,” the general manager said. “Aft this point, we feel releasing Michael is best for him and bestfor us.
” Dimitroffg said the team has not been advised of a timeline for Vick’ reinstatement, which he said was “up to the Commissionere [Goodell].” Though Vick is officially the Falcons will take a hit towardsx the salary cap for the 2009-2010 for the remainder of the quarterback’s signing bonus, whicyh was expected. Some reports have peggexd the value of the remaining bonus atabout $7 millio n to $8 million. Dimitroff said the team has already for the value ofthe bonus, and theree will be no impact on next year’sx salary cap.
The NFL’s 2009 salar cap will be $123 million, up from $116 million, according to accordingt to Streetand Smith’s Sports Business Journal, a sister publication of Atlanta Business Chronicle. Several NFL clubds with questions at quarterback have openly said they have no intentio n ofsigning Vick. Among them: the and the , whos coach, Jim Mora, was Vick’s head coachy for three seasons. It has been speculated Vick might join the upstartr UnitedFootball League. Vick’s return to the NFL and a professionapl sports salary are deemedf essential to his ability to emerge from personao bankruptcy withoutliquidating assets.
Vick filed for bankruptcty protection in July 2008listing $16 million in assetxs and $20 million in debt. A judge in the case has givenj Vick and his attorneys a July 2 deadliner to come up with a revised plan to pay off the millionzs he oweshis creditors. Vick, once the highest-paid player in professionaol football, now makes $10-per-hourd from a construction job he must maintain as part of hishome
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