A petition filed by Thousand on February 14 is asking the Broward County court docket to substantiate a $56,750 arbitration award entered in opposition to Vick for unpaid charges below his contract with Thousand.
Thousand says Vick employed him as his agent in June 2021 to assist discover, negotiate, and handle broadcasting and advertising and marketing offers. The contract required Vick to pay the agent 20 p.c of his earnings from advertising and marketing alternatives and 10 p.c of his broadcasting earnings..
Thousand claims Vick did not compensation him for 3 offers through which he represented the previous quarterback.
In July 2021, Vick signed a $395,000 take care of Fox Sports Productions to function a coloration commentator, analyst, and on air-personality for the community’s soccer season programming equivalent to “Sunday NFL Kickoff,” from August 2021 by way of August 2023. Vick inked an analogous take care of FS1 Remote Production, AKA Fox Sports 1, for $104,000.
Thousand claims he despatched Vick the bill for $50,000 in February.
In March 2022, Vick signed a contract with buying and selling card firm Panini to signal 2,000 playing cards along with his picture for $45,000. Thousand says he agreed to cut back his fee to fifteen p.c from the Panini deal and despatched the $6,750 bill that very same month.
Thousand submitted his case to arbitration final November after Vick allegedly shirked the payments.
“[Vick] has did not pay… any quantity associated to his advertising and marketing earnings and broadcasting earnings from the Panini deal, Fox deal or FS1 deal,” the arbitration declare alleges.
Thousand says that on at the very least two events, Vick acknowledged his obligation to pay.
In one e-mail included within the submitting, Vick purportedly stated he would get the “bill paid earlier than August for positive.”
Prior to his declare with the American Arbitration Association, the agent alleges he contacted Vick a number of instances, providing a fee plan possibility and future reductions, however that Vick wouldn’t reply.
Vick didn’t take part within the arbitration, and the arbitrator entered the $56,000 award in favor of Thousand this previous December.
Thousand’s LinkedIn profile timeline signifies he was working as an impartial agent whereas he was representing Vick. He beforehand was the pinnacle of the baseball division at star-studded RocNation, an leisure company based by rapper Shawn Carter, AKA Jay-Z. Thousand is presently main the baseball division at Milk & Honey Sports.
Thousand’s case is the newest debt assortment motion in opposition to the previous soccer star, who has dealt along with his fair proportion of monetary woes. After serving 18 months in jail for operating a dogfighting ring, Vick filed for chapter in 2008. He had collected greater than $17 million in debt.
Vick, who labored to rehabilitate his picture and revive his soccer profession, paid again hundreds of thousands earlier than his chapter proceedings had been closed out in 2017, based on ESPN.
Claims of unpaid money owed endured, nevertheless. Among different debt assortment circumstances, collectors filed an motion in Broward court docket in opposition to the ex-Atlanta Falcons star in July of final yr to gather on a $1.2 judgment debt stemming from loans issued to him in 2018.