Comments on: Vince Young reportedly owes $1.69 million for lockout loan

By: dtjano

dtjano — Sat, 11 Aug 2012 21:53:20 +0000

Didn’t he hire a guy with no experience to negotiate his first contract? Then also hired him as a financial advisor? At least he didn’t have Master P as an agent like Ricky Williams.

Could be worse he could’ve had Lenny Dyskstra as an advisor.

By: norcalirish

norcalirish — Sat, 11 Aug 2012 10:48:15 +0000

mrplow3…..WELL said.

By: backindasaddle

backindasaddle — Sat, 11 Aug 2012 03:38:30 +0000

Vince Young = The Wizard of OZ Scare Crow………

………. If I only had a brain.

By: fdugrad

fdugrad — Sat, 11 Aug 2012 02:35:49 +0000

ANNNNDD…We throw another NFL “log” on the bankruptcy fire!! These little boys need keepers!!

By: cablelayer

cablelayer — Sat, 11 Aug 2012 01:30:01 +0000

Vince is dumber than a box of hair.

By: 49erstim

49erstim — Fri, 10 Aug 2012 21:26:11 +0000

Ummmm…..he didn’t miss a single game check…. What a dummy!

By: trevor123698

trevor123698 — Fri, 10 Aug 2012 20:42:11 +0000

Red Ronnie as they used to call him

By: covercorner

covercorner — Fri, 10 Aug 2012 20:37:46 +0000

He spent $40 million already!?

By: mrplow3

mrplow3 — Fri, 10 Aug 2012 20:32:10 +0000

@mrplow3,

We’ve been a credit card nation since the 80′s when Ron Reagan and Don Regan “turned the bull loose” and changed the tax code to favor corporations and the financial industry in particular.

That’s a nice theory you have their, but mathmatics is not your friend in this argument. Sorry.

By: rcali

rcali — Fri, 10 Aug 2012 19:59:05 +0000

Apparently none of you on this site are smart enough to know how expensive a gigantic “VY” gold and diamond structured necklace costs.

By: eyeh8goodell

eyeh8goodell — Fri, 10 Aug 2012 19:56:09 +0000

@mrplow3,

We’ve been a credit card nation since the 80′s when Ron Reagan and Don Regan “turned the bull loose” and changed the tax code to favor corporations and the financial industry in particular.

By: kokomike

kokomike — Fri, 10 Aug 2012 19:11:04 +0000

He played so badly as a QB in the pre-season game yesterday that the announcer could only utter the “Tebow” word in his defense (ie. because he ran around a lot).

He is not a sure thing on that roster. He had better get his act together, if he needs the money.

By: mrplow3

mrplow3 — Fri, 10 Aug 2012 19:05:02 +0000

This is being taught to us as a society from the federal level, what do you expect?

Bush and Obama have turned us into a credit card nation. Why shouldn’t young people think that’s an acceptable lifestyle.

Our federal goverment(both repubs and dems) are financially stupid. Why should it be any different for today’s athletes following the same live beyond your means lifestyle?

By: chiadam

chiadam — Fri, 10 Aug 2012 19:02:46 +0000

Wait…the season started on time. Players don’t get paid during the offseason (bonuses aside, in some cases). It sounds like he’s just broke. And did he really need that much? He had to have known the season would not be lost. We all knew that.

By: nashwaakkidd

nashwaakkidd — Fri, 10 Aug 2012 18:58:02 +0000

million dollar talent with a 10 cent brain, will be living in a cardboard box under a freeway overpass before long.

By: chazzmon

chazzmon — Fri, 10 Aug 2012 18:55:47 +0000

Question, who would be crazy enough to lend these guys money?

By: tdk24

tdk24 — Fri, 10 Aug 2012 18:55:43 +0000

At some point before he retires, I see VY as the starting cornerback for the Browns.

By: ppc50

ppc50 — Fri, 10 Aug 2012 18:20:58 +0000

Good post. Jamal Mashburn is a 1% er for professional athletes. Obviously smart guy with some great advisors.

By: bgsusteelers

bgsusteelers — Fri, 10 Aug 2012 18:10:49 +0000

biggestredmiami says:
Aug 10, 2012 1:03 PM
When are we going to hear the story about a player saving his money and making a good investment instead of a player losing everything and is broke and it’s obviously not their fault?

———————-

Go read up on what Jamal Mashburn has been doing. Owns like 40 Papa John’s, 30 Outback’s, and a car dealership. Don’t know why athletes don’t try to model after him.

By: zonedogz

zonedogz — Fri, 10 Aug 2012 18:10:44 +0000

Brad Smith > Vince Young > Tyler Thigpen = loan default.

By: pacodawg

pacodawg — Fri, 10 Aug 2012 18:00:00 +0000

Vince had earned every penny he has had a great career. Mrs young

By: txxxchief

txxxchief — Fri, 10 Aug 2012 17:40:57 +0000

Another great example of how money doesn’t make you any smarter. It makes some stupid.

By: suhdidntstompanyone

suhdidntstompanyone — Fri, 10 Aug 2012 17:35:04 +0000

His former agent and financial advisers were not a Dream Team

By: bchapman2011

bchapman2011 — Fri, 10 Aug 2012 17:33:44 +0000

calibear831 says:Aug 10, 2012 12:54 PM

I dont get it!, how do these guys end up spending 10′s of millions of dollars?!!. . .just imagine hiw broke he would have been if he would have been drafted when the new rookie wage scale was implemented!
———————————————————-
He actually might have been better off if he was paid under the new wage scale. That would have forced him to save some money and actually work hard to get a second contract.

By: thankheavenfornumberseven

thankheavenfornumberseven — Fri, 10 Aug 2012 17:24:10 +0000

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.
______

That’s a mighty big assumption.

By: tannethrill

tannethrill — Fri, 10 Aug 2012 17:23:37 +0000

Every article related to this guy’s finances should link to a list of articles pointing out the mistakes he made when hiring an agent and making that jump into a professional contract.

From destined to succeed to destined to sign autographs in Austin at a car lot, maybe this year lol.

Wonder if he left anything on the table last year to play for the dream team? He really benefitted from that year of expert Andy Reid coaching. Kolb too lol

By: dmartin17

dmartin17 — Fri, 10 Aug 2012 17:20:46 +0000

No surprise here at all. Most of these guys live paycheck to paycheck so the need for a loan is no surprise.

By: der6495

der6495 — Fri, 10 Aug 2012 17:11:54 +0000

Yup, no surprise at all. I bet T.O. can’t even afford to buy #81 from Golden Tate if he wanted to.

By: ppc50

ppc50 — Fri, 10 Aug 2012 17:11:22 +0000

He has made so much money in endorsements and salary that for him to take out a high interest loan is nuts. He should have been able to go to any bank and get a loan, if he really needed it, which he shouldn’t. I thought that this kid was less flash and more country. I guess he bought a lot of chickens.

By: marionbarber24isgod

marionbarber24isgod — Fri, 10 Aug 2012 17:07:05 +0000

How do you need nearly 1.9 million bucks for a lookout that was only in effect during the offseason??!?!?!??!??? I’m blown away!! What kind of lifestyle where you living as a backup QB?? And why the hell didn’t you turn around and give some of the money back right when the lockout ended? The economy is hitting everyone hard, but time to man up like “us” normal people and learn to budget.