Pro Bowl quarterback Michael Vick played in the National Football League for the Atlanta Falcons. Vick was indefinitely suspended by the league after he was indicted on federal charges of running a dog-fighting ring. After the Falcons were unable to trade the rights to Vick, he was officially released by the team on June 12, 2009.http://sports.espn.go.com/nfl/news/story?id=4253231

Vick was released from the Leavenworth, Kansas federal prison on May 20, 2009. He served the following two months in home confinement in his Hampton, Virginia home. He was released from federal custody on July 20, 2009. Vick will be on probation for three years. http://views.washingtonpost.com/theleague/nflnewsfeed/2009/07/vick-decision-looms-for-nfl.html

On August 13, 2009, it was announced by Chris Mortensen on ESPM that Vick will sign with the Philadelphia Eagles in a two-year contract.http://www.rotoworld.com/content/playerpages/player_main.aspx?sport=NFL&id=2107&sn=t

Vick received a visit from former Indianapolis Colts' coach Tony Dungy, while in prison, on May 5, 2009. The meeting was said to be "very positive."ESPN.com: Dungy Pays Vick a Visit...

On February 13, 2009, the Falcons announced their intent to trade the rights to Vick, should another team be interested.ESPN.com: Falcons GM Says Team to Trade Vick

As part of his bankruptcy settlement, Vick was ordered to pay the Falcons $6.5 million on March 31, 2009. Once he pays the Falcons, the team can, and is likely to, release him.CBSSports.com: Vick to Pay Falcons $6.5 Million...

On April 21, 2009, The Atlanta Falcons stated they they were open to trading away their rights to Vick, should a team be interested before or during the NFL draft on April 25 and 26, 2009.AJC: ...Trading Rights to Vick

TMZ.com reported on November 25, 2008, that according to tax records, Michael Vick owes the IRS $1.2 million. Vick reportedly failed to file his 2007 tax return.TMZ: Vick Knows Death, Not Taxes (November 25, 2008)

Vick has also been accused by the Department of Labor of illegally withdrawing over $1.3 million from a pension plan. The claim states that Vick transferred the funds from a pension plan supposed to cover nine employees of MV7, a celebrity marketing company owned and operated by Vick.ESPN.com: ...Illegally Spent Pension Funds

According to statement made by Vick's attorneys at his bankruptcy hearing on April 2, 2009, Vick has a construction job lined up after his release from prison.SI.com: Lawyer: Vick Will Work Construction... Vick's agent Joel Segal, also made a statement saying that Vick was in great shape and could return to football as early as September 2009.CNN: Michael Vick taking construction job...

Vick was indicted by a federal grand jury on charges of competitive dogfighting, procuring and training pit bulls for fighting and conducting the enterprise across state lines. He agreed to cooperate with prosecutors and entered a guilty plea on August 20, 2007. Vick was sentenced to 23 months in a federal prison, plus three years of probation on December 10, 2007. He is also facing similar charges in Virginia, where he resided and conducted the fighting ring.The Seattle Times: Michael Vick Plans Guilty Plea...

On November 25, 2008, Vick entered a guilty plea for a state dogfighting charge in Virginia.ESPN.com: Vick enters guilty plea ... (November 25, 2008)

On January 30, 2009, a federal bankruptcy judge approved the sale of some of Vick's cars and boats by brokers. His Atlanta home will also go up for auction.ESPN.com: Bankruptcy judge approves Vick sales (January 30, 2009)

Vick's Duluth home was put up for auction on March 10, 2009, as part of his bankruptcy case, however, there were no qualified buyers present at the auction. The minimum amount set on the house for now is $3.2 million.TMZ: ...Vick's House Auction (March 10, 2009)

Vick appeared in court in Virginia in April 2009, regarding his bankruptcy case. The presiding judge rejected his plan to work construction after his prison release and sent Vick back to prison to draft another plan.ESPN.com: Vick to Return to Kansas Jail

Early reports stated that Michael Vick is in the process of securing his own unscripted documentary/reality show pending his release from prison on July 20, 2009. He will tentatively earn $600,000 for taping the series, which may air on Spike or A&E. The show would follow his movements after his release, while he will try to "make amends for his past."reality blurred: Michael Vick and Nadya Suleman... (April 15, 2009)

However, on April 30, 2009, NFL Commissioner Roger Goodell stated that such show was not in the works and would not be produced.ProFootballTalk.com: Vick Reality Show...