Good for him. In a fucked up way, prison/bankruptcy might have been the best thing to happen to him.
By having EVERYTHING taken away from him, he (hopefully) learned to be extra cautious with his finances the second time around. While it is extraordinarily common to hear about pro-athletes filling bankruptcy, usually it is at the end of their careers, when they have no more earning potential. With Vick, he went through this experience in the middle of his career and still has a chance to make use of the lesson he learned.
By having EVERYTHING taken away from him, he (hopefully) learned to be extra cautious with his finances the second time around. While it is extraordinarily common to hear about pro-athletes filling bankruptcy, usually it is at the end of their careers, when they have no more earning potential. With Vick, he went through this experience in the middle of his career and still has a chance to make use of the lesson he learned.