Vince Young who was once the promising starting quarterback for the Tennessee Titans has fallen on hard times on and off the field. Sixteen months ago, it was reported that Young was nearly out of money, despite once signing a contract that guaranteed him $26 million.
Now, he's had to file for Chapter 11 bankruptcy, according to the Houston Chronicle. The paper reports that attorney Brian Kilmer filed a petition in a Houston federal bankruptcy court, listing Young's assets worth between $500,001 and $1 million with liabilities between $1,001,000 and $10 million.
Young, meanwhile, had sued his former agent and financial advisor, saying they had attempted to defraud him by obtaining the loan from Pro Player Funding and then taking the money for themselves. Reportedly, an unannounced settlement has been reached in that case.
As far as his NFL career, Young said in October that he wasn't sure why he didn't have an NFL job. "Me and my wife and all my peers and fans, we're all trying to figure this stuff out," Young said. "I don't have the slightest idea. It's like a huge question mark over my head every day I wake up in the morning to take care of my responsibilities and know I should be playing. To not have one of those calls, it's tough."
Source: Houston Chronicle
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