Thursday, September 20, 2012

Vince Young Financial Woes

Rick Stewart/Getty Images
Let this be a lesson you guys, that you can't trust everyone especially when it comes to millions of dollars and poor Vince Young had to learn that the hard way.

Vince Young has recently spoken out about his financial issues, stating that the situation is an unfortunate financial problem that is due to betrayal of advisers.  Young is currently suing his former agent, Mayor Adams and a North Carolina financial planner, Ronnie Peoples, on claims that they misappropriated at least $5.5 million of Young's money.

Now granted I'm sure that Young has did some extravagant spending while in the league but when a lender, Pro Player Funding, LLC, has obtained a judgment against you for almost $1.7 million and you have no idea about this loan something about that isn't right.  And that's exactly what happened to Young.  The two, Adams and Peoples, had taken out a loan worth $1.9 million in Vince's name during last year's lockout and Young knew nothing of the loan.  Now Pro Player Funding, LLC has obtained a judgment for the remaining balance that is owed on the loan.  Vince Young is also currently unemployed as he was released by the Buffalo Bills in August.  Let's hope that things get better for Mr. Young.

Ladies and Gentleman let us all learn a valuable lesson from Vince Young, you can't trust everyone with your money.

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