Originally written on Bush League Chronicle  |  Last updated 2/12/13
Many have wondered how former University of Texas quarterback Vince Young could end up being broke after signing a massive NFL contract at the age of 23. Well, this latest story told by a former financial advisor of Young's may help shed some light on the matter.Young, the quarterback who’s currently out of the NFL but was the third overall pick of the Titans in the 2006 NFL draft, is currently embroiled in a lawsuit with his former financial adviser. And that adviser testified that Young once took out a loan because he didn’t have enough money to throw himself the kind of birthday party he wanted. Ronnie Peoples, president and CEO of Peoples Financial Service Inc., said in a deposition that between the end of the 2010 season and the start of the 2011 season, Young decided that he had to have a huge 28th birthday bash. And when Peoples told Young that he didn’t have the money, Young instructed Peoples to place a phone call to take out a loan.Young reportedly dropped $300,000 on the festive affair. Yes, $300,000!The lawyer for Young has disputed the allegation, of course. His lawyer claims that People's mismanaged the money of the former national champion.Young has been publicly vying for another shot in the NFL lately, but hasn't had any luck in finding a team that is willing to give him one. This is probably because teams fear Young manages an offense about as well as he does his checking account.Via NBC Sports
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Jason Kidd to be named general manager of Bucks

USWNT romps Japan 5-2 to win third Women's World Cup title

Report: JPP 'severely injured' hand in fireworks mishap

Blatter: European politicians helped Qatar land World Cup

Report: Cavs considering trading for Joe Johnson

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Andrew Quarless found hiding in plant after firing gun

Odell Beckham: I don't want to be known only for 'the catch'

Borland on retirement: Health 'more important' than money

Three NBA teams that improved most early in offseason

Adam Eaton gets 4th of July surprise from brother

Clippers in talks with JaVale McGee, Amar’e Stoudemire

MLB teams who will continue to disappoint in the second half

2015 All-Star starters announced, featuring four Royals

WATCH: Jake Marisnick makes fantastic running catch

WATCH: Carlos Gomez leaves gum, note for Billy Hamilton

Kansas to wear new USA jerseys after request from FIBA

What can the Saints expect from CJ Spiller in 2015?

Isaiah Thomas trolls Kings after Rajon Rondo signing

Kosta Koufos agrees to deal with Kings

Report: Blues in trade talks about Kevin Shattenirk

Report: Gregg Popovich plans to fulfill five-year contract

4-Star LB commits to Kentucky, zings Louisville

Clay Buchholz not worried about trade rumors

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

2015 All-Star starters announced

JPP injured in fireworks mishap?

Odell Beckham doesn't want to be known for 'the catch'

Russell Wilson 'would definitely consider' playing for Mariners

Solo, Rapinoe among USWNT stars up for World Cup awards

LBS on Sports Jeopardy! Here's how how it went

College football's 35 most patriotic helmets

A brief history of non-star All-Stars

With Love retained, the Cavs can take care of LeBron

Grading the deal: Davis commits to Pelicans

Obama Administration: Change name if Redskins move to D.C.

Deciding what the All-Star Game means

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.