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...

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 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...

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 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

Eli Manning admits to being 'nervous' about new offense

Photo: AP The New York Giants made some significant changes in the offseason, mainly replacing offensive coordinator Kevin Gilbride with former Packers coordinator Ben McAdoo. With a new coordinator comes a new scheme, and Giants QB Eli Manning has admitted he is a bit ‘nervous’ about all of the changes. Via ProFootballTalk: “Yeah, it is different. You come into the season...
Via New York Sports-Kings
1 hour ago

Tabloid: Tom Brady and Gisele’s marriage may be in trouble

Is the marriage between Tom Brady and wife Gisele Bundchen in trouble? That’s what one tabloid would like to have you believe. In a story published Monday called “Gisele & Tom: A House Divided!”, Star alleges that Gisele is controlling of Tom’s home life and that he is getting fed up. Quoting from the article: […]
Via Larry Brown Sports
14 hours ago

Mike Pettine: Browns won't cut Josh Gordon despite issues

With the pending playing status of Cleveland Browns wide receiver Josh Gordon up in the air, head coach Mike Pettine says the team has no plans to cut the troubled receiver. Speaking with the Akron Beacon-Journal Pettine had plenty to say about Gordon, insisting that the team will stand behind Gordon as he faces a year-long ban. […]
Via Full Scale Sports
10 hours ago

LSU freshman suffers gruesome injury in team weight room

Twitter/Lealaimatafao We’ve got some unfortunate news tonight out of LSU. Freshman defensive tackle Trey Lealaimatafao suffered a gruesome arm injury after punching a window in the team’s weight room after he was reportedly upset about a disagreement with his girlfriend. It was originally reported by NOLA.com that Lealaimatafao might have to have his arm amputated – thankfully...
Via College Spun
14 hours ago

WATCH: CM Punk says he's 'never, ever' going back to WWE

Via YouTube If you watched Monday’s episode of Raw, you’ll know that Paul Heyman’s Plan C for the WWE World Heavyweight Championship match at SummerSlam was … not CM Punk. I mean, nobody thought it would be, but in the back of our heads, wrestling fans are still doing that maybe now’s the time Punk comes back thing. Any and every excuse. That is never, ever going to...
Via With Leather
11 hours ago

Favre says he's not afraid of being booed at Lambeau

It had been rumored that former Green Bay Packers QB Brett Favre was staying away from Lambeau Field for fear of being booed by his old fans. Favre’s exit from Green Bay was less than memorable. He was eventually shunned by his team for the younger Aaron Rodgers and eventually ended up playing for their arch rivals Minnesota Vikings. The news of Favre’s fear came from his long...
Via BlackSportsOnline
16 hours ago

Source: Giants interested in Red Sox' Jake Peavy

The San Francisco Giants lost starting pitcher Matt Cain to the 15-day disabled list earlier today due to right elbow inflammation. Before they placed him on the DL, the Giants were already on the lookout for another starting pitcher.As I reported late last week on Twitter, the Giants are interested in acquiring Jake Peavy from the Boston Red Sox, a league source said.#452071106...
Via Sports Rumor Alert
14 hours ago

Police: Eagles' Keelan Johnson shoved cop into a tree

Police arrested Philadelphia Eagles safety Keelan Johnson after he allegedly shoved an officer into a tree outside a Tempe, Ariz., bar. A probable cause statement said Johnson “violently pushed” an officer in the chest, causing him to strike his head against a tree,” according to Philly.com. Police say the officer tried to prevent Johnson from interfering with an investigation...
Via IMAGE CPR SPORTS
13 hours ago

Lakers great Michael Cooper diagnosed with cancer

Marc Gasol’s 2013 Defensive Player of the Year award has been hailed as a breakthrough for advanced ways of thinking about basketball. Gasol averaged just 7.8 rebounds, 1.7 blocks and 1.0 steals per game that season – hardly the typical per-game defensive numbers that catch the eye of award voters. But Gasol impressed so much through his subtle contributions, he won the award...
Via Pro Sports Daily
15 hours ago

Celtics take flyer on former #2 overall pick Evan Turner

Celtics finishing deal for FA Evan Turner, sources tell Herald. He will get a portion of their mid-level exception. — Steve Bulpett (@SteveBHoop) July 21, 2014 Well, I’ll be damned. A week ago when Jeff Goodman first reported the Celtics interest in Turner, I didn’t think there was room on the roster for another wing. While we await specifics on Turner’s salary, we know the...
Via Red's Army
17 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.