Posted by Dave as Atlanta Falcons, NFL at 10:00 AM EDT on August 16th, 2008

There’s a story on ESPN about Michael Vick and the seemingly terrible financial decisions he’s made.
After reading the article, you’ve gotta really question the smarts on Vick (okay, so we questioned that a while ago, but now we’ve got documented proof). In his quest to salvage whatever money’s left of his 20+ million in guaranteed, Vick went on and hired people not known in the NFL world, but had a good resume, and instead of saving Vick’s fortune, they spent it for their own needs.
I’ve gotta ask: If you read the article, you’ll see he took the advice of Demorrio Williams, a former teammate of Vick’s. As a Falcons fan, I liked Williams. He was fast, scrappy, and had a knack for finding the ball. That said, if you’re one of the highest paid players in the NFL, are you seeking guidance from Demorrio Williams about which financial advisors to hire when so much hinges on it? Keith Brooking has made six Pro Bowls — he can probably hook you up all right. Lawyer Milloy, while maybe not the smartest player in the NFL, sure doesn’t seem like one of those guys that isn’t financially stable. DeAngelo Hall. . . well, scrap DeAngelo Hall.
Anyway, check out the article. It’s pretty good, and quite entertaining. When I was younger, I always felt bad for these guys that lost a fortune, but now I just kinda laugh at it and realize: If I can live on a 40k+ salary and be comfortable, how in the hell can they blow this many million?