WASHINGTON (AP) — Philadelphia Eagles quarterback Michael Vick has agreed to repay at least $416,000 that he is accused of illegally withdrawing from a pension plan.
The Labor Department says the payment settles a lawsuit against Vick for transfers from a pension plan sponsored by a celebrity marketing company he once owned.
Vick was accused of withdrawing more than $1.3 million from the plan and using the money to help pay penalties imposed on him after his dogfighting conspiracy conviction.
Vick also will pay a civil penalty of more than $80,000 and forfeit any rights to benefits from the plan.
The former Atlanta Falcons star was released from federal custody July 20 after serving 18 months for running the dogfighting ring.
