Michael Vick has agreed to pay the Atlanta Falcons at least US$6.5 million as part of his bankruptcy case, moving closer to cutting ties with a team that doesn’t want him back. The settlement was reached ahead of Vick’s bankruptcy hearing in Virginia on Thursday. The suspended quarterback arrived in his home state Monday afternoon and was being held at Western Tidewater Regional Jail in Suffolk, Va. The Falcons are trying to trade Vick, who is still barred from the NFL as he serves out a nearly two-year sentence for operating a gruesome dogfighting ring. If no deal is reached, Atlanta will likely cut its former star before the start of training camp. “We were able to resolve our claim in a way that was acceptable to Michael and acceptable to us,” president Rich McKay said. The Falcons settled their claim that Vick owed them nearly $21.2 million for bonuses he received before his guilty plea to federal dogfighting charges.