Vince Young Broke, NFL Star Harshly C...

Vince Young Broke, NFL Star Harshly Criticized

Posted in the Columbus Forum

Oliver

Springfield, OH

#1 Sep 20, 2012
Former NFL star Vince Young has fallen into financial distress this week and has been flacked with criticism for his unwise spending.

Once the third NFL player selected in the draft, the former quarterback now has no team and only a fraction of the $26 million contract he was guaranteed.

"I would just say that Vince needs a job," Trey Dolezal, Young's attorney, explained of the athlete's financial condition while speaking to the Associated Press.

Troubles began in August when Young sought a protective court order to stop a company from collecting nearly $1.7 million on a loan he said he had never taken out.

Also, the Buffalo Bills QB was rumored to have spent thousands at chain restaurants such as T.G.I. Fridays in the past, according to SportsGrid.com .

Young is not the first athlete to find himself broke, as it seems to plague many sports stars. Mike Tyson and Deuce McAllister once filed for bankruptcy, while more recently, T.O. and Warren Sapp were forced to deal with serious debt, to name a few.

"You'd think it would be hard to blow that much money," said Kenneth Shropshire, a professor at the University of Pennsylvania's Wharton School of Business where the business of sports if often taught.

The professor described Young's troubles as "very dramatic," according to Jackson Sun.

His reckless spending and fading NFL stardom have Twitter users and critics talking on Thursday, with many questioning Young's intelligence and the ability of his advisors.

"If Vince Young is broke, he has spent $7,000 A DAY (after taxes) from the day he signed w/ the Titans in '06 thru today," ESPN reporter Drren Rovell pointed out on Twitter.

Read more at http://global.christianpost.com/news/vince-yo...
Enzyte Bob

Powell, OH

#2 Sep 20, 2012
Oliver wrote:
Former NFL star Vince Young has fallen into financial distress this week and has been flacked with criticism for his unwise spending.
Jamal Brown, the idiot who bought Fort Rapids, and Eddie George are in similar straits.

Who the hell advises these people? I could do a far better job with their money than all the high priced talent they have around them.

They would be in boring, but safe investments that throw off a lot of cash, and they wouldn't be making the headlines if they had me as their advisor.

WHAT IDIOTS!
Tim

Akron, OH

#3 Sep 20, 2012
Sounds like they are qualified for jobs in the Obama Cabinet.
Spookisbacksoblo wmetrolls

Taylor, MI

#4 Sep 20, 2012
Oliver wrote:
Former NFL star Vince Young has fallen into financial distress this week and has been flacked with criticism for his unwise spending.
Once the third NFL player selected in the draft, the former quarterback now has no team and only a fraction of the $26 million contract he was guaranteed.
"I would just say that Vince needs a job," Trey Dolezal, Young's attorney, explained of the athlete's financial condition while speaking to the Associated Press.
Troubles began in August when Young sought a protective court order to stop a company from collecting nearly $1.7 million on a loan he said he had never taken out.
Also, the Buffalo Bills QB was rumored to have spent thousands at chain restaurants such as T.G.I. Fridays in the past, according to SportsGrid.com .
Young is not the first athlete to find himself broke, as it seems to plague many sports stars. Mike Tyson and Deuce McAllister once filed for bankruptcy, while more recently, T.O. and Warren Sapp were forced to deal with serious debt, to name a few.
"You'd think it would be hard to blow that much money," said Kenneth Shropshire, a professor at the University of Pennsylvania's Wharton School of Business where the business of sports if often taught.
The professor described Young's troubles as "very dramatic," according to Jackson Sun.
His reckless spending and fading NFL stardom have Twitter users and critics talking on Thursday, with many questioning Young's intelligence and the ability of his advisors.
"If Vince Young is broke, he has spent $7,000 A DAY (after taxes) from the day he signed w/ the Titans in '06 thru today," ESPN reporter Drren Rovell pointed out on Twitter.
Read more at http://global.christianpost.com/news/vince-yo...
Boo ph^cking who. When will these "stars" of sport or tv/ movies learn their is an end to the gravey train?
Oliver

Springfield, OH

#5 Sep 21, 2012
Enzyte Bob wrote:
<quoted text>
Jamal Brown, the idiot who bought Fort Rapids, and Eddie George are in similar straits.
Who the hell advises these people? I could do a far better job with their money than all the high priced talent they have around them.
They would be in boring, but safe investments that throw off a lot of cash, and they wouldn't be making the headlines if they had me as their advisor.
WHAT IDIOTS!
Agree.

Vince Young is claiming his agent / uncle ripped him off for 5 million of his 26 million dollar contract he got from the Tennessee Titans. My question for Vince Young is what happened to the other 21 million? After taxes that are at least 10 million dollars he blew.

Unbelievable how much a "college educated" or at least "college exposed" (at Texas) athlete can blow. Almost anyone else would be set for life with that kind of cash.

It also shows that many of the "poor" just can’t handle money and that they blow money on “immediate gratification” and have zero concept of long term investments. Thus some people will always be poor despite how much money they are given.

Vince Young is just another example of the entitled "man child" who goes from rags to riches, then back to rags.
Enzyte Bob

Powell, OH

#6 Sep 21, 2012
Oliver wrote:
<quoted text>
Agree.
Vince Young is claiming his agent / uncle ripped him off for 5 million of his 26 million dollar contract he got from the Tennessee Titans. My question for Vince Young is what happened to the other 21 million? After taxes that are at least 10 million dollars he blew.
Unbelievable how much a "college educated" or at least "college exposed" (at Texas) athlete can blow. Almost anyone else would be set for life with that kind of cash.
It also shows that many of the "poor" just can’t handle money and that they blow money on “immediate gratification” and have zero concept of long term investments. Thus some people will always be poor despite how much money they are given.
Vince Young is just another example of the entitled "man child" who goes from rags to riches, then back to rags.
I have a not so flattering story about Brady Quinn, but I'm not allowed to repeat it here.

Henry Jefferson

Since: Aug 12

Hilliard, OH

#7 Sep 21, 2012
Every once in a while, there is a more uplifting story:

Bobby Bonilla: Smartest Man in Baseball
September 21st, 2012 | Author: FixMLB

Bobby BonillaReaders of this blog born after 1992 might not have any idea who I am talking about, but in the late eighties he was one half of a very formidable duo along with Barry Bonds. He helped the Pirates to get to the National League Championship in 1991, ultimately losing to the Cinderella Braves team. In 1992, he signed with the Mets as a free agent for, at the time, a record amount. He signed a five year contract for $29 million. That’s when things started to go south for Bonilla.

Sadly, for long-suffering Mets fans, Bonilla never lived up the hype that surrounded being the highest-paid player. After toiling around on the Mets for a few years, he was traded to the Orioles. Without the pressure of playing in New York, he shined again, helping the Orioles reach the American League Championship series, and helped the Marlins win a World Championship with the Marlins in 1997. In 1998 he was with the Dodgers and tried once more to excel with the Mets in 1999 before being put on Waivers in 2000. He played with the Braves in 2000, and the Mets deferred the $5.9 million until 2011.

This is when things started looking up for “Bobby Bo”. Way up. His contract was deferred until 2011 with 8% interest compounded over 11 years, so now it is worth $29 million. The Mets will pay him in 25 yearly installments of nearly $1.2 million. So, every July 1, Bobby Bonilla will receive a check for $1.2 million from the Mets for doing nothing. He’ll be 73 in 2035 when he gets his last check.

Bobby Bonilla, Mets fans will not be pleased, but I salute you.
http://fixmlb.org/2012/09/21/bobby-bonilla-sm...
Tim

Burbank, OH

#8 Sep 21, 2012
Enzyte Bob wrote:
<quoted text>
I have a not so flattering story about Brady Quinn, but I'm not allowed to repeat it here.
ghey?

Henry Jefferson

Since: Aug 12

Hilliard, OH

#9 Sep 21, 2012
Tim wrote:
<quoted text>
ghey?
Have you seen his wife? She'd straighten out Nathan Lane.

http://media.scout.com/media/image/28/282268....

Hard to believe she's AJ Hawk's sister.
Tim

Burbank, OH

#10 Sep 21, 2012
Henry Jefferson wrote:
<quoted text>Have you seen his wife? She'd straighten out Nathan Lane.
http://media.scout.com/media/image/28/282268....
Hard to believe she's AJ Hawk's sister.
You got that wrong, that woman is Hawk's wife and Quinn's sister

Henry Jefferson

Since: Aug 12

Hilliard, OH

#11 Sep 21, 2012
Tim wrote:
<quoted text>
You got that wrong, that woman is Hawk's wife and Quinn's sister
Damn, you're right. That was a world class mix up on my part.
Maybe Brady is light in the loafers after all.
Allegedly he was dating Alicia Sacramone.
Oliver

Springfield, OH

#12 Sep 30, 2012
Enzyte Bob wrote:
<quoted text>
Jamal Brown, the idiot who bought Fort Rapids, and Eddie George are in similar straits.
Who the hell advises these people? I could do a far better job with their money than all the high priced talent they have around them.
They would be in boring, but safe investments that throw off a lot of cash, and they wouldn't be making the headlines if they had me as their advisor.
WHAT IDIOTS!
Vince Young had one of the lowest scores of all time on the Wonderlic Intellience Tests. Liberals hate the wonderlic test because many Blacks test low, but over time it has proven to be an accurate predictor.

Cube

United States

#13 Oct 3, 2012
I disagree with this! Vince Young is not in the NFL nor is he a star!
Enzyte Bob

Powell, OH

#14 Oct 4, 2012
Oliver wrote:
<quoted text>
Vince Young had one of the lowest scores of all time on the Wonderlic Intellience Tests. Liberals hate the wonderlic test because many Blacks test low, but over time it has proven to be an accurate predictor.
I wonder how President Barry would score.
Tim

Akron, OH

#15 Oct 4, 2012
Enzyte Bob wrote:
<quoted text>
I wonder how President Barry would score.
Ahmadinejad would outscore him, I'll bet that. And English isn't his first language...

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