Dr Boyce Money: What Can Michael Vick Do Now?

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Previously, I did a piece on Michael Vick and discussed ways in which Michael can get his disrupted life back together. There is the more specific task of determining how Vick might be able to deal with his financial challenges and learn the importance of money and brand management.

Well, today, I brought in an outside expert to help me to make some sense of all this.

Dr. Deborah Stroman is a faculty member with The College Sport Research Institute at The University of North Carolina Chapel Hill. She helps athletes to transition to life after sports, and I feel that Michael Vick should be listening to those who can give him good advice.

Click the image below to listen!

Dr. Boyce Watkins is a Finance Professor at Syracuse University. He makes regular appearances in national media, including CNN, BET, NBC and CBS. To have Dr. Boyce commentary delivered directly to your email, please click here.


Michael Vick Update

    Former Atlanta Falcon quarterback, Michael Vick, left, leaves federal court after a visit to the parole office in Norfolk, Va., Monday, July 20, 2009. Vick ended his federal dogfighting sentence Monday, freeing him to lobby for a return to the field. (AP Photo/Steve Helber)

    AP

    Former Atlanta Falcon quarterback, Michael Vick, rear center, bids farewell to two federal probation officers at his in Hampton, Va., Monday, July 20, 2009. Vick ended his federal sentence Monday. (AP Photo/Steve Helber)

    AP

    Two federal probation officers leave the home of former Atlanta Falcons quarterback Michael Vick at his in Hampton, Va., Monday, July 20, 2009. Vick ended his federal sentence Monday. (AP Photo/Steve Helber)

    AP

    A federal probation officer's car sits outside the home of former Atlanta Falcons quarterback, Michael Vick, in Hampton, Va., Monday, July 20, 2009. Vick ended his federal sentence Monday. (AP Photo/Steve Helber)

    AP

    FILE - This June 9, 2009 file photo shows Michael Vick arriving at the Norfolk Federal Court n Norfolk, Va. Vick's lawyer, Paul Campsen, disclosed the basic outline of a new bankruptcy plan Tuesday June 30, 2009, in U.S. Bankruptcy Court in Norfolk. (AP Photo/Jason Hirschfeld, File)

    AP

    Sussex, VA - NOVEMBER 25: Protesters hold signs outside Surry County Circuit Court where suspended Atlanta Falcons quarterback Michael Vick after plead guilty on two felony counts connected to dog fighting on November 25, 2008 in Sussex, Virginia. Under a plea agreement, Vick, who is currently serving a term in prison for federal dog fighting charges, will serve one-year of probation for the state charges. He is scheduled to be released on July of 2009. (Photo by Geoff Burke/Getty Images)

    Getty Images

    Sussex, VA - NOVEMBER 25: Suspended Atlanta Falcons quarterback Michael Vick (R) leaves Surry County Circuit Court after entering a guilty plea on two felony counts connected to dog fighting on November 25, 2008 in Sussex, Virginia. Under a plea agreement, Vick, who is currently serving a term in prison for federal dog fighting charges, will serve one-year of probation for the state charges. He is scheduled to be released on July of 2009. (Photo by Geoff Burke/Getty Images)

    Getty Images

    Sussex, VA - NOVEMBER 25: Suspended Atlanta Falcons quarterback Michael Vick (C) leaves Surry County Circuit Court after entering a guilty plea on two felony counts connected to dog fighting on November 25, 2008 in Sussex, Virginia. Under a plea agreement, Vick, who is currently serving a term in prison for federal dog fighting charges, will serve one-year of probation for the state charges. He is scheduled to be released on July of 2009. (Photo by Geoff Burke/Getty Images)

    Getty Images

    Sussex, VA - NOVEMBER 25: Suspended Atlanta Falcons quarterback Michael Vick (C) leaves Surry County Circuit Court after entering a guilty plea on two felony counts connected to dog fighting on November 25, 2008 in Sussex, Virginia. Under a plea agreement, Vick, who is currently serving a term in prison for federal dog fighting charges, will serve one-year of probation for the state charges. He is scheduled to be released on July of 2009. (Photo by Geoff Burke/Getty Images)

    Getty Images

    Sussex, VA - NOVEMBER 25: Suspended Atlanta Falcons quarterback Michael Vick (R) leaves Surry County Circuit Court after entering a guilty plea on two felony counts connected to dog fighting on November 25, 2008 in Sussex, Virginia. Under a plea agreement, Vick, who is currently serving a term in prison for federal dog fighting charges, will serve one-year of probation for the state charges. He is scheduled to be released on July of 2009. (Photo by Geoff Burke/Getty Images)

    Getty Images

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