Vince Young Is Broke and Unemployed

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Updated: September 20, 2012
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The Ex-NFL star Vince Young is now living back home in Houston watching his pile of cash dwindle away. Vince has somehow managed to blow through most of his $26 million contract; he has also blown through around $30 million that he made from deals with, Madden ‘08, Reebok and the National Dairy Council.

The star quarterback who once led the Texas Longhorns to a Rose Bowl victory back in 2006 now finds himself embarrassed and broke. Of course, he is trying to put a lot of the blame on someone else. Young is suing his former agent, Major Adams and a financial planner named Ronnie Peoples. He is claiming that they misappropriated $5.5 million of his money, even saying that they forged his signature and impersonated him on the phone.

Young’s attorney was asked about Young’s cash flow these days and simple said, “I would just say that Vince needs a job.” he was also asked about the lawsuit, “They conspired to take Vince’s money. It’s that simple” he said.

An attorney for Major Adams says that his client is innocent and adds, “This is a person scrambling helplessly and pointing in all directions to blame others to get out of debt.” attorney Charles Peckham said.

You see this kind of story all the time; especially with young athletes, but it’s rare that you see someone blow through that much money. Usually it’s just a $5 million signing bonus or something, but $26 million? Vince Young clearly never learned to say no.

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