Former Atlanta Falcons quarterback Michael Vick is celebrating a new contract with the Philadelphia Eagles worth $100 million over 6 years, with $40 million guaranteed.

As is the case with Carmelo Anthony, Vick, 31, has never proven himself to be a franchise player who can bring home the trophy.

Vick had a similar lucrative contract with the Falcons before being arrested on federal charges of dog fighting and running a criminal enterprise. But despite the millions that he made as a Falcons star, Vick ended up penniless and barely able to afford his attorneys before he was sentenced to 23 months in prison in 2007 (he served 21 months).

History will likely repeat itself, as is always the case with fools and their money.