Yet a another Baller is going broke thanks to the people around him. Vince Young who had just gotten married and signed a contract with the Buffalo Bills all this year is now broke and trying to find out where his money has gone. It looks like he can thank his agent for the missing funds.
Via Yahoo Sports
Young earned over $30 million of his rookie contract and banked another $4 million last season with the Philadelphia Eagles. Young signed a one-year, $2 million contract with the Buffalo Bills in May, but that deal included just $350,000 in guaranteed money and the former University of Texas standout was released in favor of Tyler Thigpen and Tarvaris Jackson in August.
Young’s financial mess has been well-documented. In June, Young filed a lawsuit against his former agent, Major Adams II, and financial adviser, Ronnie T. Peoples of Peoples Financial Service. In the suit, Young claims that at least $5.5 million of his money was misappropriated by Peoples Financial Service. The suit came on the heels of Young defaulting on a $1.9 million loan obtained in Young’s name with Pro Player Funding LLC, which has received a $1.69 million judgment against the former Heisman Trophy finalist.
According to Trey Dolezal, Young’s attorney, the loan with Pro Player Funding was obtained by Adams and Peoples, who Young has accused of falsifying documents, forging his signature and impersonating him for their own financial gain.
“They conspired to take Vince’s money,” Dolezal told the Associated Press. “It’s that simple.”
Vince Young’s attorney says Vince is in desperate need of a job. Vince reached out to his fans via his Twitter after receiving a bit of negative feedback.
From my run in’s with Vince he is a pretty nice guy. This will definitely be a test for his wife of 5 months though. If she can make it through this, she may just be a keeper.
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