Michael Vick Will Plead Guilty [David Stefanini]

This is so sad. Michael Vick will plead guilty to his dog fighting allegations. Here is Larry O'Dell with more:

Michael Vick's lawyer said Monday the NFL star will plead guilty to federal dogfighting conspiracy charges, putting the Atlanta Falcons quarterback's career in jeopardy and leaving him subject to a possible prison term.

The offense is punishable by up to five years in prison and a $250,000 fine, although federal sentencing guidelines most likely would call for less.

"After consulting with his family over the weekend, Michael Vick asked that I announce today that he has reached an agreement with federal prosecutors regarding the charges pending against him," lead defense attorney Billy Martin said in a statement.

"Mr. Vick has agreed to enter a plea of guilty to those charges and to accept full responsibility for his actions and the mistakes he has made. Michael wishes to apologize again to everyone who has been hurt by this matter."

Vick's plea hearing will be Aug. 27, Martin said.

NFL commissioner Roger Goodell has barred Vick from the Falcons' training camp but has withheld further action while the league conducts its own investigation.

Vick is charged with conspiracy to travel in interstate commerce in aid of unlawful activities and conspiracy to sponsor a dog in an animal fighting venture.

Martin's announcement came as a grand jury that could add new charges met in private. Prosecutors had said that a superseding indictment was in the works, but Vick's plea most likely means he will not face additional charges.