Action News catches up with Vick at airport

August 27, 2009 4:12:38 PM PDT
Action News was there as Michael Vick arrived in Philadelphia on Thursday afternoon, just a few hours ahead of his debut with the Philadelphia Eagles in a preseason game versus the Jacksonville Jaguars.

Vick told Action News' Jeff Skversky that he was excited to play tonight.

When asked what he expected out of the game, Vick said "Excitement. Hopefully it'll be fun."

Jeff also asked Vick if he'd be nervous about playing football after two years, Vick said "Not at all."

Earlier Thursday, a judge in Virginia approved Vick's plan to repay creditors who are owed $20 million and emerge from bankruptcy.

U.S. Bankruptcy Judge Frank Santoro approved the plan on the condition that Vick retain a personal financial planner to manage his future earnings with the Eagles.

Santoro said while Vick is "at the pinnacle of his profession," he has proven unable to manage his finances in the past. The plan was overwhelmingly approved in a ballot of creditors.

After the hearing, Vick was scheduled to return to Philadelphia to make his debut with the Eagles in a preseason game.

Vick was released from federal custody July 20 after serving 18 months of a 23-month sentence for his role in running a dogfighting ring. He signed a one-year, $1.6 million contract with the Eagles, who hold a $5.2 million option for a second season.

Creditors ranging from banks holding mortgages on Vick houses to his former team, the Atlanta Falcons, endorsed Vick's plan to repay them based on future earnings and the sales of assets, including houses, cars and investments. Debtors representing $132,743 rejected the plan.

A payment plan outlined before Vick's signing with the Eagles would give creditors 10 percent of the first $750,000 a year Vick earns. He would be allowed to keep one house in Virginia, a luxury SUV and other possessions under the plan.

The creditors have previously signaled their support of Vick's repayment plan, though Santoro had expressed skepticism of Vick's ability to repay his debt before he was signed by the Eagles.

A lawyer representing one group of creditors on Wednesday called Vick's signing "a huge development in the case."

Vick is eligible to play the final two preseason games, but not in the regular season. NFL commissioner Roger Goodell said he would consider Vick for full reinstatement by no later than Week 6, in mid-October.

Besides his creditors, Vick ultimately will face legal bills approaching $2 million for his bankruptcy team.

The Associated Press contributed to this report

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