Unemployed Vince Young is on the doorsteps of financial ruin, and a ton of his decisions are the reason why. Young was sued during the past off-season for a lockout loan he never paid back.
This newest news will not look for Vince. Per a local Dallas CBS affiliate, they are reporting that a ex financial adviser of Young is spilling the beans on a $300,000 loan Young took out to throw himself a birthday party.
The former financial adviser for ex-NFL quarterback Vince Young says he arranged a seven-figure loan for Young during the 2011 lockout because the player wanted to throw himself a $300,000 birthday party even though he was running low on funds.
Ronnie Peoples of Raleigh, N.C., said under oath during a videotaped deposition last month he contacted New York-based Pro PlayerFunding LLC about the loan after being informed that Young had already paid for the party.
The deposition was taken as part of a proceeding in which the former University of Texas star is challenging the validity of a $1.7 million judgment against him. A transcript of the deposition was obtained by The Associated Press.
Young’s attorneys continue to dispute that claim, calling it false.Powered by Sidelines