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.
According to the report, Young did just that in May and the company moved quickly to get a judgment against Young. Young is set to make just under $2 million for the Bills this season, assuming, of course, that he winds up beating out Tyler Thigpen for the backup quarterback job.
This isn’t Young’s first brush with financial issues this year. He’s suing his former agent and financial advisers for a variety of alleged improprieties with the money he’s earned over the course of his career.