Vince Young is Broke.
Young earned over $30 million of his rookie contract and banked another $4 million last season with the Philadelphia Eagles. Young signed a one-year, $2 million contract with the Buffalo Bills in May, but that deal included just $350,000 in guaranteed money and the former University of Texas standout was released in favor of Tyler Thigpen and Tarvaris Jackson in August.
So, my question is: How do you blow 30 million dollars?
Young’s financial mess has been well-documented. In June, Young filed a lawsuit against his former agent, Major Adams II, and financial adviser, Ronnie T. Peoples of Peoples Financial Service. In the suit, Young claims that at least $5.5 million of his money was misappropriated by Peoples Financial Service. The suit came on the heels of Young defaulting on a $1.9 million loan obtained in Young’s name with Pro Player Funding LLC, which has received a $1.69 million judgment against the former Heisman Trophy finalist.
This serves as a lesson to all of us. Be careful who you trust, and save your money properly.
Do I feel bad for Vince Young?
Eh. I guess.
And no, it’s not because of 4th and 5. I don’t hold a grudge over that night in early 2006. But, this is ridiculous. You blew 26 million dollars on your rookie contract. That in its self is incredible.
I mean, I bet you regret this, huh?
But in all seriousness, I hope you win that lawsuit, Vince. A lot of people used to look up to you, and you were the man at one point. Just find yourself, and I wish you the best of luck.