Vince Young is Reportedly Broke After Getting $26M Guaranteed in 2006

| by Alex Groberman

Following an all-time great performance at the 2006 National Championship Game, Vince Young rode into the NFL on a huge wave of momentum. The Tennessee Titans drafted him with the third overall pick in that year’s draft. He got just under $26 million in guaranteed money. And, perhaps most importantly, he was given the green light to take over the starting quarterback spot right around October of that season – which allowed him to nearly guide the Titans into the playoffs.

After one season in the pros, Young’s future looked bright.

Unfortunately he was never actually able to capitalize on his initial success. Young wound up spending another three years in Tennessee before ultimately parting ways with the franchise and joining up with the Philadelphia Eagles to serve as Michael Vick’s backup. One season of that was enough for both parties and, in 2012, Young moved on to the Buffalo Bills where he tried to earn a backup role behind Ryan Fitzpatrick. That didn’t work out either, though, and the Bills cut Young before the year even began.

Heading into this week, everyone kind of figured that Young’s biggest problem right now was finding another NFL gig. As it turns out, that’s not his biggest problem. Money is his biggest problem. CBS has the details:

Either way, the quarterback whose future seemed unlimited after he led Texas to a Rose Bowl victory in 2006 is now back home in Houston and in a tenuous financial condition.

“I would just say that Vince needs a job,” said Trey Dolezal, Young’s attorney, when asked to give a general assessment of his client’s finances.

Young is suing his former agent, Major Adams, and a North Carolina financial planner, Ronnie Peoples, alleging that they misappropriated $5.5 million. In some instances, the pair forged his signature or impersonated him on the phone or in emails, according to the lawsuit, filed in Houston in June.

The suit was filed five days after a New York lender notified Young that a loan of nearly $1.9 million obtained in his name during the NFL lockout in 2011 was in default. Young is now seeking to stop the lender, Pro Player Funding LLC, from enforcing a judgment of nearly $1.7 million, claiming he wasn’t involved in obtaining the loan and that the proceeds went to Adams and Peoples.

“They conspired to take Vince’s money,” Dolezal said. “It’s that simple.”

Seeing as the NFL has in the past welcomed back accused murderers and guys who drunkenly mowed down pedestrians with open arms, Young making a return at some point isn’t a particularly far-fetched of an idea. That said, it’s hard to imagine him ever re-claiming the sort of glory he had coming into the league six years ago.

Then again, at this point, re-claiming past glory is probably the last thing Young is worried about.

(Kudos CBS)

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