go to MSN.com
Found February 12, 2013 on Jocks and Stiletto Jill:
PLAYERS: Vince Young

Via Jocks And Stiletto Jill:

Vince Young’s financial situation is the subject of a legal battle. Young has asserted his financial advisor, Ronald Peoples, secured a seven-figure loan during the NFL lockout that the ex-NFL qb claims wasn’t authorized by him. Peoples claimed in a deposition that Vince Young wanted to throw himself a birthday party that would cost $300,000 so he reached out to Pro Player Funding LLC about the loan.

“I think we still would have been OK to go ahead and survive until the next season, but he had a birthday event coming up that he paid 300 and some thousand dollars for,” Peoples testified. “That’s what prompted that call.”

Vince Young’s representatives have denied this claim. The loan was secured the day before Young’s 28th birthday. People’s also said that Young’s monthly expenses would sometimes run as high as $200,000 per month.

“It’s almost like I can have a $30,000 budget that I know we had to pay here, but then, you know, I get an invoice for a Ferrari that he just bought for $176,000, and they want their money,” he testified.

6 Comments:
  • And he thinks an NFL team will take him seriously? Go to. Canada,if you can clear customs. Stupidity is one thing we can't teach.
  • Seriously Vince Young? This is why you can't give people money for playing a game. It's quite apparent Mr. Young isn't the sensation he thought he was because where is he now? Throwing yourself a $300,000 birthday party? Ignorant POS is all he is. It's okay, he'll be in the paper one day for something more serious with a jail term attached to it. Stupid, stupid, stupid...
  • this has to be among the most ridiculous behaviors ever perpetuated by a human being. I hope it is not true, but if it is, shame on the entire Vince Young management team.
  • The reason he didn't make it in the NFL....he would not study the play book or film.There was a big question from NFL scouts about his ability to read and overall IQ Now you know why! He's just stupid and that's a tough one to fix.
  • Ignorant! Simply put, just ignorant. No other way to slice it.
  • What IS it with this guy? He's blown through millions of dollars, if memory serves me he either filed or was about to file for bankruptcy, can't find a team that will put up with him, has been a huge bust in the NFL, and now he pulls this? A hint, Vince--when you're closing in on broke, you have a quiet b'day bash at home with your family and a few close friends, you don't throw a $300K ego bash and show off your new Ferrari. I give him another five years before he's either on the streets or living in a friend's basement...or in jail. He's a bigger waste of potential than Ricky Williams, and that takes work. If only he worked that hard on his game.
THE BACKYARD
RELATED ARTICLES

Ex-adviser: Vince Young needed 300K loan for party

DALLAS -- The former financial adviser for ex-NFL quarterback Vince Young said under oath that he arranged a high-interest, 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, president and CEO of Peoples Financial Service Inc. in Raleigh, N.C., said during...

Former financial says Vince Young once took out a loan to throw himself a $300K birthday party

Money issues and Vince Young have become synonymous. Especially when you hear of stories of him spending $5,000 a week at The Cheesecake Factory. Young blames his money woes on his former agent and financial adviser for his money woes and has sued them both for misappropriating millions of Young’s money. And what happens once you sue someone? That’s right, depositions happen...

Vince Young Needed Seven-Figure Loan to Throw His Own Birthday Party, Former Financial Advisor Says

DALLAS — The former financial adviser for ex-NFL quarterback Vince Young said under oath that he arranged a high-interest, 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, president and CEO of Peoples Financial Service Inc. in Raleigh, N.C., said during...

Ex Financial Adviser Says Vince Young Took Out $300k Loan For Birthday Party

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...

Vince Young once allegedly spent $300,000 on his birthday party

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...

How Vince Young Spent $300,000 On His Birthday Party

We found out last year that Vince Young is in a spot of financial trouble by virtue of being generally dumb with money, coupled with reckless spending habits. The usual recipe disaster with pro athletes. It’s gotten so bad that VY is suing his former agent and financial planner, claiming they took out a $1.9 million loan in his name and spent the money on themselves. Well, obviously...

Vince Young once took out a loan for a $300K birthday party

In my lifetime, I've never spent a huge amount of money on a birthday party but it appears that current Buffalo Bills quarterback Vince Young once attempted to drop six figures on himself for his birthday back in 2011 and possibly asked for a loan to help throw it. The news of the expensive six-figure party came to the forefront because of a lawsuit that Vince filed against...

Report: Vince Young Took Out a $300k Loan To Throw Himself a Birthday Party

I would like to say I am surprised by this, but I would be lying to you. Vince Young claims about $26 million of his money is missing and is blaming his financial advisers for the lost. As you can imagine his financial advisers tell a different tale. There are a lot of lawsuits going on including a $1.7 million judgement against Young for a lockout loan. One of his advisers under...

Vince Young Took Out A Loan So He Could Drop $300,000 On a Birthday Party

By now, you’ve heard of the financial plight of former Titans and Eagles quarterback Vince Young. Tales of his lavish spending — some possibly unsubstantiated, to be sure — include weekly $5,000 spending sprees at Cheesecake Factory, $6,000 TG.I. Friday’s tabs, and $600 Remy Martin shots at Morton’s after games, which is why he can currently be seen attending class at the...

Vince Young reportedly needed loan to throw himself $300,000 birthday party

Vince Young is in poor financial shape. That much we know. The former Tennessee Titans quarterback blew around $60 million in career earnings and is now in a dispute with his former financial adviser. The adviser claims Young took out an extremely high-interest loan during the NFL Lockout because he needed finances. Young claims he didn’t really know what he was signing — that...

Brain Surgeon Vince Young may have taken out a $300k loan to pay for a birthday party

Most people quit with the whole big party for their birthday thing after they, you know, grow up. According to former financial adviser to Vince Young, Ronnie Peoples...not Vince: The former... Full story at Bob's Blitz ~ http://www.bobsblitz.com

Financial adviser says Vince Young got a $300,000 loan for a party

Some quarterbacks take a couple of seasons to develop their skills. Some quarterbacks never develop their skills. Some quarterbacks burst onto the scene and take the league by storm.   Vince Young, third overall pick in the 2006 NFL draft, falls in the latter.   He had led the Texas Longhorns to a Rose Bowl [...]

Vince Young Once Took $300K Loan for Birthday Party

The Big Leagues We hope it was a good party, at least.
RUMORS & GOSSIP

Report: Texans prefer Khalil Mack over Jadeveon Clowney

Peter King of MMQB.com spoke with a friend of Texans GM Rick Smith who mentioned that Smith actually prefers Buffalo LB Khalil Mack to South Carolina DE Jadeveon Clowney. King believes the Texans will go with a “more sure thing” at the top of the draft instead of a quarterback. According to King, Auburn OT Greg Robinson could be a surprise candidate to watch. Should Mack...
Via NFL Trade Rumors
1 hour ago  | 

Mike Woodson fired by New York Knicks

Well, we all knew this was coming, right? It seems almost like a formality at this point, but the New York Knicks have officially relieved head coach Mike Woodson of his duties, according to the NYK PR. April 21-Phil Jackson announced today that the team’s coaching staff have been relieved of their duties, effective immediately. — NY_KnicksPR (@NY_KnicksPR) April 21, 2014 As...
Via Pass The Pill
1 hour ago  | 

Al Jefferson needed two injections in foot, plans to play

Tweet Playing the postseason doesn’t come every season for a franchise like the Charlotte Bobcats. And with this being their first trip to the playoffs since 2010 and only their second postseason berth in 10 seasons, their best player plans to do everything he can to keep playing. Bobcats center Al Jefferson needed not one but two shots in his foot to deal with the plantar...
Via Los That Sports Blog
1 hour ago  | 

49ers fans outraged over train with Seahawks’ colors

San Francisco's Bay Area Rapid Transit (BART) system recently has been restocked with new trains, which is good news for the bustling city's commuters. But for the 49ers fans among them, they're now forced to ride in bright green and blue cars that closely resemble a certain NFC West nemesis. This is a problem. https://twitter.com/komonews/statuses/457679630640504834...
Via Helmet2Helmet
22 hours ago  | 

Report: Phil Jackson upset with Knicks' lack of conditioning

The New York Knicks are about to undergo a major overhaul and it could affect more than just the coaching staff.  ESPN New York’s Ian Begley is reporting that Knicks President Phil Jackson was extremely disappointed in the Knicks overall conditioning as a team. Jackson told his players to expect personnel changes this summer and he reportedly also expects them to return in much...
Via Thacover2
15 hours ago  | 

Marcus Lattimore says he's fully recovered, ready to play

San Francisco 49ers’ 2013 fourth round draft pick Marcus Lattimore says he’s healthy enough to play, and ready for a chance to prove he deserves to be on the field. Lattimore says he’s fully recovered from the gruesome knee injury that he suffered in college, and the running back is ready to show coach Jim Harbaugh that he deserves to play. “If he wants to put me in, he’ll...
Via Sports-Glory
15 hours ago  | 

Andrei Kirilenko's wife upset that husband was benched

The Nets’ 94-87 victory over the Raptors in Game 1 of their best-of-seven first round series had a lot of Brooklyn fans tweeting their joy at the win — all except one. Kind of.The win was surprising considering the fact that super sub and mid-game spark-plug Andrei Kirilenko didn't play a single minute for Brooklyn.And it appears his wife, Russian pop singer Masha Lopatova...
Via The Other Paper
1 day ago  | 

Charles Barkley rips Pacers, calls them 'wussies'

Charles Barkley called out the indiana Pacers on Sunday. During TNT's NBA playoff coverage, Chuck called Indiana "dogs" and "wussies."
Via Gamedayr
18 hours ago  | 

John Harbaugh honored with statue at Miami (Ohio)

The Associated Press Baltimore Ravens’ head coach John Harbaugh was honored by the University of Miami (Ohio) on Saturday when he was inducted into the school’s Cradle of Coaches.  Harbaugh unveiled the bronze statue which shows him with his right arm raised in triumph. Harbaugh said the pose was a ‘winning pose’ and he  likes it very much. “I like the pose,” he said...
Via DC Sports-Kings
19 hours ago  | 

Boxer Rubin 'Hurricane' Carter dies at 76

Boxer Rubin “Hurricane” Carter, who spent 19 years in prison for three murders that he didn’t commit, died at age 76 after suffering from prostate cancer. Carter’s story symbolized racial injustice. Academy Award-winning actor Denzel Washington portrayed the boxer in the 1999 movie The Hurricane. Bob Dylan told Carter’s story in the 1975 song “Hurricane.” Carter was...
Via IMAGE CPR SPORTS
22 hours ago  | 
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.