The release that the Falcons knew one day would come finally happened today, as the team officially relinquished their contractual rights to quarterback Michael Vick.
“Michael remains suspended by the NFL. However, in the event NFL Commissioner Roger Goodell decides to reinstate Michael, we feel his best opportunity to re-engage his football career would be at another club. Our entire organization sincerely hopes that Michael will continue to focus his efforts on making positive changes in his life, and we wish him well in that regard,” general manager Tom Dimitroff said in a statement released by the team.
Vick was drafted by the Falcons in 2001 and played six seasons with the team (2001-2006), before all his legal issues started which landed him in prison.
Vick had five years left on his contract and according to a league source, the team will absorb roughly $7.11 million ($6.43 million-2009, $680,000-2010) in bonus acceleration with the release of the quarterback.
The Falcons tried to move Vick around draft day, hoping that some team would give them a 7th round pick for him, but there were no takers. A big story is what team would take a chance on Vick, and so far a number of teams (49’ers, Rams, Seahawks) have already said they want nothing to do with Vick.