Vince Young reportedly owes $1.69 million for lockout loan

[joseephuss]

http://profootballtalk.nbcsports.co...eportedly-owes-1-69-million-for-lockout-loan/

Vince Young reportedly owes $1.69 million for lockout loan

We learned earlier this week that Ravens tackle Bryant McKinnie will be paying half of his 2012 salary to an outfit called Pro Player Funding after failing to repay a loan he took out from them during the lockout.

He might not be the only player on Team Pro Player Funding. TMZ reports that they have court documents showing that Young owes the company $1.69 million after taking out a loan of his own in 2011. Per the documents, Young took out a loan for $1.876,876.88 that came with the high interest rates and penalties common to these types of loans. The terms of the loan held that the company could call in the entire amount due, plus interest, if Young missed a payment.

 

[The30YardSlant]

Ever since December of 2006 that dude's life has been in freefall.

 

[Kristen82]

How do you end up broke after making so much money? Does he not remember anything from the "money management for rookies" class he took in his first year in the league with TEN, or did they not offer one?

 

[Tabascocat]

I don't know where his money went that fast but I am guessing he supported a lot of friends and family. I don't think he even missed a paycheck during the lockout, but got close. It goes to show, the more you make, the more you spend, some with more stupidity than others.

 

[Kangaroo]

How do you end up broke after making so much money? Does he not remember anything from the "money management for rookies" class he took in his first year in the league with TEN, or did they not offer one?

Sure but remember you can not tell Vince anything it is why he washed out of the NFL

 

[newlander]

http://profootballtalk.nbcsports.co...eportedly-owes-1-69-million-for-lockout-loan/

Vince Young reportedly owes $1.69 million for lockout loan

We learned earlier this week that Ravens tackle Bryant McKinnie will be paying half of his 2012 salary to an outfit called Pro Player Funding after failing to repay a loan he took out from them during the lockout.

He might not be the only player on Team Pro Player Funding. TMZ reports that they have court documents showing that Young owes the company $1.69 million after taking out a loan of his own in 2011. Per the documents, Young took out a loan for $1.876,876.88 that came with the high interest rates and penalties common to these types of loans. The terms of the loan held that the company could call in the entire amount due, plus interest, if Young missed a payment.

.........what a DOPE.:laugh1:

 

[Blast From The Past]

Sure but remember you can not tell Vince anything it is why he washed out of the NFL

Right now he is competing to be the backup for Buffalo.

 

[GimmeTheBall!]

Right now he is competing to be the backup for Buffalo.

He was a god at the universe of Texas. It is to bad that he could not hang with ricky williams and credric benson in austin and be like the modern day Rat Pack and cool and stuff.

 

[burmafrd]

stupid is as stupid does

 

[Mike_45]

Guess that steak house he opened up here aren't doing that good.

 

[TellerMorrow34]

Dream situation for the man formally of the Dream Team.