The NFL did the only thing that they could do. 

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From CNN.com:

The National Football League has indefinitely suspended Atlanta Falcons quarterback Michael Vick without pay, officials with the league said Friday.

Earlier, Vick admitted to participating in a dogfighting ring as part of a plea agreement with federal prosecutors in Virginia.

“Your admitted conduct was not only illegal, but also cruel and reprehensible. Your team, the NFL, and NFL fans have all been hurt by your actions,” NFL Commissioner Roger Goodell said in a letter to Vick.  (more…)