Former NFL QB Vince Young files for bankruptcy

Discussion in 'NFL General Discussion' started by Sportsguy, Jan 22, 2014.

  1. Sportsguy

    Sportsguy AKA-Sportsguy9695

    Former NFL and University of Texas quarterback Vince Young has filed for Chapter 11 bankruptcy protection.

    The petition was filed last week in a Houston federal bankruptcy court, listing Young with estimated assets between $500,001 and $1 million and liabilities between $1,001,000 and $10 million. The Houston Chronicle reports no specific details on Young's assets and liabilities were immediately available.

    The 30-year-old Young is fighting two lawsuits stemming from a $1.8 million loan obtained in his name during the 2011 NFL lockout.

    A court has granted a judgment against Young to Pro Player Funding, a New York company that made the loan.

    Source: ESPN
     
  2. 86WARD

    86WARD -

    Not that it was hard to predict, but someone around here called it...lol.
     
  3. Omen

    Omen Speeling Be Champions Staff Member

    Shocking
     
  4. LebaneseFF

    LebaneseFF Error loading Staff Member Premium Member Fantasy Guru

    I swear some of these Athletes have no business being around money. It's terrible.
     
  5. Sportsguy

    Sportsguy AKA-Sportsguy9695

    what is it with all these athletes going bankrupt
     
  6. 86WARD

    86WARD -

    Feeling of invincibility combined with stupidity...
     
    Aussie61 likes this.