Vince Young explains financial woes
Former NFL quarterback Vince Young is downplaying what he calls ''unfortunate'' financial problems caused by the ''betrayal'' of trusted advisers.
''Yes, I need a job, who doesn't. Yes, I want to be out there playing the game I love and earning a paycheck, who wouldn't?'' Young wrote on his Twitter account Wednesday.
Young has been out of a job since he was cut by the Buffalo Bills in August. The tweet came after an Associated Press story detailed a series of legal entanglements over his finances and quoted his attorney as saying of the former Texas star's financial status: ''I would just say that Vince needs a job.''
Young, who received a contract that guaranteed him $26 million when the Tennessee Titans made him the third player taken in the 2006 draft, also wrote that he is working to rectify financial losses ''which stemmed from betrayal by those I trusted most.''
Young is suing his former agent, Major Adams, and a North Carolina financial planner, Ronnie Peoples, claiming they misappropriated at least $5.5 million of his money.
Young also alleges that the pair took out a loan for nearly $1.9 million in his name without his knowledge during the NFL lockout in 2011 and kept the proceeds for themselves.
The lender, Pro Player Funding LLC, has obtained a judgment against Young for the balance of the high-interest note, a sum of nearly $1.7 million.
Young was the first client of a company formed by Adams, a Houston criminal defense attorney, and the quarterback's uncle, Keith Young, a former middle school teacher.
Attorneys for Adams and Peoples claim their clients have done nothing wrong and that Young's spending habits have put him deeply in debt.
The Twitter message is the first public comment on the matter from Young, who has declined interview requests.
-
2024 NFL Draft best bets and odds
2024 NFL Draft Schedule: Date, time, how to watch, TV channel
2024 New NFL uniforms: Texans unveil redesign, new secondary logo
-
Could Dak Prescott and Bill Belichick team up in 2025 — on the Giants?
The Sum God: How Amon-Ra St. Brown’s record WR deal affects other star wideouts
Bears announce plans for new 'state-of-the-art' stadium near lakefront
-
5 Bold Predictions for 2024 NFL Draft: Texas DT Byron Murphy a top-10 pick
2024 NFL Draft odds: Chargers' odds to pick J.J. McCarthy rise on draft eve
Steelers reportedly not expected to pick up Justin Fields' fifth-year option
-
2024 NFL Draft best bets and odds
2024 NFL Draft Schedule: Date, time, how to watch, TV channel
2024 New NFL uniforms: Texans unveil redesign, new secondary logo
-
Could Dak Prescott and Bill Belichick team up in 2025 — on the Giants?
The Sum God: How Amon-Ra St. Brown’s record WR deal affects other star wideouts
Bears announce plans for new 'state-of-the-art' stadium near lakefront
-
5 Bold Predictions for 2024 NFL Draft: Texas DT Byron Murphy a top-10 pick
2024 NFL Draft odds: Chargers' odds to pick J.J. McCarthy rise on draft eve
Steelers reportedly not expected to pick up Justin Fields' fifth-year option