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...

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.
NFL 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!

RUMORS & GOSSIP

Jonathan Dwyer fight with wife was over cheating accusations?

The Associated Press is reporting that the domestic violence incident that led to Cardinals running back Johnathan Dwyer being arrested in July and deactivated this month, was spurred by accusations of infidelity by the running back. Police say the Cardinals running back broke his wife’s nose with a head-butt during an argument after she learned about his recent phone contact with...
Via Thacover2
5 hours ago

Rodgers on if dating Munn is impacting his play: 'Idiotic'

The Green Bay Packers have stumbled out of the gate a bit in the early part of the season, going 1-2. A big second-half comeback against the New York Jets in Week 2 in a 31-24 win is the only thing standing between the team and an 0-3 start. With the team seemingly in some […] The post Aaron Rodgers on if dating Olivia Munn is having an impact on his play: ‘Idiotic’ appeared...
Via Sportress of Blogitude
9 hours ago

Celtics owner wonders if Rondo is uncoachable

First things first, I'm the realest I think the title makes it sound a little worse than it really was.That said, the title is completely accurate. On last night's "Sports Final Overtime" on WBZ, Grousbeck was asked about Rajon Rondo as part of an interview which was meant to preview the upcoming season. While Grousbeck said some positive things -- calling Rondo...
Via Celtics Life
6 hours ago

Morris Claiborne bolts Cowboys facility early after demotion

Earlier on Tuesday it was reported that Dallas Cowboys owner Jerry Jones had some harsh words for cornerback Morris Claiborne, who is struggling big time in his third NFL season. Now comes this little bit of information from ESPN indicating that the former first-round pick stormed out of the team’s facility on Tuesday after learning that he was no longer the starting cornerback...
Via Sportsnaut
4 hours ago

Goodell discusses personal conduct policy with former pros

NFL Commissioner Roger Goodell met with 11 retired players to discuss the league’s personal conduct policy on Tuesday. According to The Washington Post, Goodell spent 3.5 hours discussing this policy in New York City with Troy Vincent, among others. Interestingly enough, Vincent sent out a rather cryptic tweet earlier on Tuesday, which can now be read to have pointed to the meeting...
Via Sportsnaut
7 hours ago

S.F. Giants CEO believes ads on uniforms are coming

San Francisco Giants CEO Larry Baer indicated in an interview with a local radio station in the Bay Area that he believes advertisements on MLB uniforms are coming soon. One of the reasons Baer believes that this is a likelihood is due to the fact that current commissioner Bud Selig has been a consistent opponent of placing ads on players’ uniforms during his trenue. He’s set...
Via Sportsnaut
8 hours ago

Rocker on 'Survivor': It was worse than I expected

The CBS show “Survivor” will feature a familiar face to baseball fans this season. Former Atlanta Braves closer John Rocker will be in the competitive reality series, which begins its 29th season on Sept. 24. The pitcher, who made over $5 million in his baseball career, had to survive in a remote area in Nicaragua as part of the show. While we’ll have to watch the show to find...
Via NESN.com
1 day ago

Floyd Mayweather: Reality show is scripted

Floyd Mayweather Jr.’s recent confession is just another reason why we shouldn’t believe everything we see on TV. Mayweather made an appearance before the Nevada State Athletic Commission today, after being called in to speak about an intense sparring session that was featured on an episode of his Showtime reality series. He defended himself by dropping a bomb, claiming nearly...
Via The Sports Daily
10 hours ago

Jerry Jones questions Morris Claiborne's performance

Dallas Cowboys cornerback Morris Claiborne was torched for five receptions, 108 yards and two scores against the St. Louis Rams on Sunday. The former first-round pick has been absolutely atrocious when he’s actually seen the football field in his two-plus years with the team. Anyone who has watched the Cowboys play during this span know this full well. Cowboys owner Jerry Jones...
Via Sportsnaut
10 hours ago

Bill Simmons dares ESPN to punish him for ripping Goodell?

ESPN’s Bill Simmons sometimes goes off the rails in very un-ESPN-like fashion. As a result, he’s part of a small group of key faces at the Worldwide Leader who are sometimes penalized by their employer for going too far. It’s debatable whether Simmons went too far with his latest diatribe against NFL commissioner Roger Goodell on Monday, but it does appear as though — in...
Via Awful Announcing
11 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.