Skip to content

Vince Young is broke

Vince Young, Adrian Robinson AP

Six years ago, quarterback Vince Young became the third overall pick in the draft, signing a contract with the Titans that paid him $26 million.

Now, Young is out of the NFL — and out of money.

I would just say that Vince needs a job,” attorney Trey Dolezal told the Associated Press regarding Young’s financial situation.

Young has sued his former agent, Major Adams, and a financial planner, Ronnie Peoples.  Young claims that they misappropriated $5.5 million, via forged signatures and impersonated phone calls and emails.  Young also alleges that a $1.7 million lockout loan in 2011 was obtained in his name by Adams and Peoples.

“They conspired to take Vince’s money,” Dolezal said.  “It’s that simple.”

Regardless of where the money went, the money is gone.  And Dolezal thinks Young was dumped by the Bills because of the financial issues.  “I wasn’t in the room when [the Bills] made a decision, but what would you think?  It certainly wouldn’t help me if I’m the owner or the head coach knowing all this is going on with Vince and then he goes out and plays poorly,” Dolezal said.

The Bills declined comment on the reasons for cutting him.  Regardless of the reason(s), the Bills didn’t want him — and no one else does, either.

Permalink 82 Comments Feed for comments Latest Stories in: Buffalo Bills, Home, Rumor Mill, Tennessee Titans
82 Responses to “Vince Young is broke”
  1. pftcensorssuck says: Sep 18, 2012 10:47 PM

    Nobody ever accused this guy of being a genius.

    Or a Hall of Famer.

  2. mjbulls45 says: Sep 18, 2012 10:49 PM

    jamarcus russell is next,

    his agent who robbed him or his “family” should let him know get off his behind and find a gym quick

    better make it a comeback like LL cool J ,

    or hes next

  3. dmartin17 says: Sep 18, 2012 10:49 PM

    I wish this was a unique story but most of these guys live pay check to pay check.

  4. jgrange08 says: Sep 18, 2012 10:49 PM

    dream team

  5. giveseanpaytonhisjuicyfruit says: Sep 18, 2012 10:50 PM

    SMH

  6. ningenito78 says: Sep 18, 2012 10:54 PM

    What a shame. The dude blew through almost $30 mil in career earnings. I’m certainly not going to say he’s lying in these lawsuits but blowing through $30 mil…..you aren’t getting any sympathy from me.

  7. bennyb82 says: Sep 18, 2012 10:54 PM

    I find it hard to believe he cant find a job. I am sure the CFL would love to have Vince.

  8. thatyankeedude says: Sep 18, 2012 10:56 PM

    No excuse if you make any figure in the millions you should not go broke. That’s just sad.

  9. csilojohnson says: Sep 18, 2012 10:56 PM

    What happened to the other ~19mil Vince? Amazing these guys go broke. Give me 1mil, I will live comfortably the rest of my life. Hey, I might finally have time to take up a hobby.

  10. bennyb82 says: Sep 18, 2012 10:57 PM

    I wonder if Vince would still be a starting qb had he not had that meltdown in Tennessee. I also wonder if Chris Johnson misses Vince…

  11. brewcrewfan54 says: Sep 18, 2012 10:57 PM

    I’m not sure who his agents are or how he became associated with them but its a shame when you can’t trust these people. That being said, he also needed to keep a better eye on the money coming in and out of bank account. Very unfortunate.

  12. ronaldmexico says: Sep 18, 2012 10:59 PM

    Too bad – lots of players get ripped off by slick talkers, and given Vince’s Wonderlic performance, he was probably a prime target.

    I don’t buy the speculation about the release by the Bills – if his play was better, he’d likely have a job in the NFL even with his financial issues.

  13. rickastleydancemoves says: Sep 18, 2012 11:02 PM

    One word: six

  14. ravenheath21 says: Sep 18, 2012 11:04 PM

    I could see this happening he spends all his money. I live in Houston and i see him drive his custom made Farrari all around town. I also worked at the place he had his signing party at he probably dropped close to 100 grand on that party. This is before he signed that contract. If he was to get hurt before he would’ve been screwed.

  15. dbones750 says: Sep 18, 2012 11:04 PM

    Everybody’s fault but his.

  16. sweetnlow44 says: Sep 18, 2012 11:04 PM

    5.5+1.7=7.2

    What happened to the other 18.8?

    When did living within your means become so uncool? “I guess it’s not how much you make, but how much you spend.”

  17. bluewinger says: Sep 18, 2012 11:05 PM

    That’s ashame. These players need to call a financial advisor that they can trust and that have good character. Or ask people that .you trust for recommendations. Or buy silver.
    I wish I had a million bucks, I could live off that and help others also.

  18. mauldawg says: Sep 18, 2012 11:05 PM

    Its always someone elses fault. This players are to dumb to screw this up by themselfs.Once and idiot always an idiot.

  19. shawon0meter says: Sep 18, 2012 11:06 PM

    Is there gonna be a new season of Pros vs Joes any time soon?

  20. gojags says: Sep 18, 2012 11:06 PM

    If 2.6 M of the 26M that VY earned went to his agent, 8m goes to uncle Sam, 7.2 has been robbed as claimed, where is the rest of ~8M plus his earnings in Philly not to mention his roster bonus for not playing for the Bills. This guy has screwed up something.

  21. mike8016 says: Sep 18, 2012 11:06 PM

    This dosent surprise me at all

  22. jameswestphal says: Sep 18, 2012 11:06 PM

    “I can’t believe Vince Young is broke.”
    -Nobody

  23. gooselife says: Sep 18, 2012 11:07 PM

    Sad and ridiculous

  24. granadafan says: Sep 18, 2012 11:11 PM

    Well at least Vince Young has his brain and the degree to fall back on now that his athletic career. It’s a good thing he took full advantage of the free educational opportunities at Texas and stimulated his brain.

    Oh wait…

  25. N JAIL U MY HOE says: Sep 18, 2012 11:12 PM

    Is he famous people broke or regular people broke?!?

  26. seattlerogueburner says: Sep 18, 2012 11:12 PM

    Many families get by just fine with making less then 30k/year. 26 million in 6 years? That just blows my mind.

  27. bjtmeyer says: Sep 18, 2012 11:14 PM

    Time to get a real job Vince.

  28. randomramfan says: Sep 18, 2012 11:14 PM

    headline should have read…”Vince Young is Stupid”.

  29. coltsluckdynasty says: Sep 18, 2012 11:14 PM

    I will never Know, because I will never sniff that much money ever. But how in the hell do you not know what is going on with your money? I could live 26 lifetimes with that money, and have enough leftover for my grandkids. What do you need? 3 bently’s and 2 Lamborghini’s??? Is having “clout” that important? I mean, c’mon, 26 million over 6 years just gone? I wish someone would donate me 26 dollars…. My gas tank is hurting

  30. randomramfan says: Sep 18, 2012 11:18 PM

    Aren’t we all???

  31. fumblenuts says: Sep 18, 2012 11:19 PM

    A buddy of mine told me Burger King is hiring but you need a Wonderlic above above 7 to get the job.

  32. rg3andout says: Sep 18, 2012 11:19 PM

    I hope my idol rg3 career is as half as great as Young’s turned out, let me stop gettibg my hopes up, akili Smith more likely

  33. socal9er says: Sep 18, 2012 11:21 PM

    S-H-O-C-K-I-N-G!!!

    Probably spent it all on “Dream Team” licensing last year in preparation for the Super Bowl run…..oops

  34. cobibones13 says: Sep 18, 2012 11:23 PM

    And he thought he was being smart when he made his uncle his agent on his rookie deal, lol.

    Didn’t see this one coming.

  35. 303bengalguy says: Sep 18, 2012 11:25 PM

    He’s got Bengal written all over him, as indifferent as I am to that. He could sign for the minimum as a 3rd stringer and I wouldn’t be insanely mad about it.

  36. mazblast says: Sep 18, 2012 11:25 PM

    “Is he famous people broke or regular people broke?!?”

    Famous people broke. In regular people broke, you spend away all your money; in famous people broke, other people help you do it.

  37. codysteeler says: Sep 18, 2012 11:28 PM

    Somewhere right now Reggie Bush is laughing

  38. edwinmoses says: Sep 18, 2012 11:29 PM

    I actually met VY downtown on Hertel in Buffalo. He’s a good guy who is personable despite others experiences. For everyone who wants to bash someone whose down, that says more about you than it does him.

  39. doubledogcatch says: Sep 18, 2012 11:29 PM

    It would be refreshing to hear about a draft bust that saves his money and is doing well after football.

  40. starfan79 says: Sep 18, 2012 11:35 PM

    Oh and didn’t he get a free education too? He can get a job doing whatever else he I inspired to be. If that’s a lazy turd then I don’t know if he will have any luck.

  41. txtuff says: Sep 18, 2012 11:48 PM

    The 1.7 mil was a lockout loan so that doesn’t even go against the 26 mil! So he is suing Major Adams (the non-agent agent that he used) for 5.5 mil because he is broke. Which means VY blow the other 20.5 mil all by himself!!! I don’t feel sorry at all for that bozo!

  42. samwade611 says: Sep 19, 2012 12:01 AM

    I don’t feel bad for anyone that loses that much doe…but everyone killin him on it is typical message board garbage. Guys don’t have a clue about what you would do with that much $ and fame and a ton of other things. No excuse but don’t think you know what its like unless you walk in his shoes.

  43. rgledz says: Sep 19, 2012 12:05 AM

    Not making excuses for Vince, but for all of you mathematicians posting “where did the rest of the money go?” If a guy gets 26 million, it’s safe to assume that about 10 million of that went to the tax man. Ya can’t blow what ya never had. Ya it’s a lot of money, but a lot of money equals a lot of taxes…..stil ridiculous to blow like 15 Mill though.

  44. opinevain says: Sep 19, 2012 12:15 AM

    Sad that Vince Young is broke. He made $26 mil, 6 years ago and couldn’t find a way to make it stretch outside of football?

  45. billsboy88 says: Sep 19, 2012 12:39 AM

    Bummer Vince, really.

    “Individuals are more fiscally responsible than government.” Well, this story tells a different theory….

  46. tyniewow says: Sep 19, 2012 12:41 AM

    What a shocking development….oh wait completely predictable.

  47. z0inks says: Sep 19, 2012 12:59 AM

    A man once told me, “Fella don’t know broke til he’s sneakin’ in the woods and poopin’ in a bucket.”

    It’s not exactly wisdom, and it don’t exactly make a whole lot of sense…..but in this instance, I felt it was appropriate.

  48. dbarnes79 says: Sep 19, 2012 1:32 AM

    I guess Vince Young studies finances like he studies his playbook.

  49. matthewcarlson1 says: Sep 19, 2012 1:37 AM

    Does he have anything to show for it? Cars? Houses? How could he possibly be broke?

  50. jason49er says: Sep 19, 2012 1:46 AM

    Alright, if you are pocketing $26M+, why do you need a financial advisor? Buy a home, buy a couple cars, put the rest in the bank and manage a checkbook like an adult. Seriously, $26M isn’t enough money that you’d give some random schmoes power over it all? Dude is braindead.

  51. staffordsyear says: Sep 19, 2012 1:50 AM

    Its crazy how these athletes that work so hard since high school to college and finally get to their dreams in the nfl (bust or not) and blow MILLIONS of dollars and end up broke..i will never get it,just terrible with money i guess.

  52. Slackmo says: Sep 19, 2012 2:19 AM

    Matt Leinart is looking better and better.

  53. jayquintana says: Sep 19, 2012 2:37 AM

    Sadly, this is not surprising in the least. The only somewhat surprising thing is how quick it happened.

  54. figpucker says: Sep 19, 2012 3:08 AM

    I hear the NFL is hiring.

  55. fishyinalittledishy says: Sep 19, 2012 3:17 AM

    Listen for all you people that have come into money or are new to having money. It GOES QUICK ! It doesnt matter how much you have Only TRUST people you know VERY well who you have known to be thrifty and careful with money. Family can rip you just like anybody else Be Generous and kind only to people who you are fond off but make sure they can handle your gift Think about it DONT BE NOT STUPID
    It pisses me off when i see people getting ripped off. Spend it enjoy it by all means but dont let others do it for you PLEASE

  56. bearsoxass says: Sep 19, 2012 4:50 AM

    Leinart and Young, what a joke!

  57. blackqbwhiterb says: Sep 19, 2012 6:43 AM

    I could live on his one signing bonus the rest of my life…..However, I could see where my wife could blow that fortune and I’d be broke the minute I was out of a job, so I understand his plight….to a point….

  58. whyamiacowboysfanagain says: Sep 19, 2012 7:04 AM

    Gee, what a surprise. At least he had his 15 minutes. I mean, in what other country could you earn $30 mil over several years while sporting a child-like IQ? No disrespect to Vince, but I honestly think he was lucky to earn that much.

  59. masterblaster78 says: Sep 19, 2012 7:04 AM

    Another reason why the NFL should make rookies attend class on how to manage money. Most players have no clue how to do this. They are young, most were poor or middle class backgrounds. Maybe he needs to sell his cars, his bling bling and everything else. Buy a smaller house and GET A JOB like the rest of us. I do not feel sorry because you blew all of your money. Live within your means and quit showing off.

  60. hollymolley says: Sep 19, 2012 7:22 AM

    All of these sports figures that wind up broke (or worse) have something in common. They are all —–.

  61. dannythebisforbeast says: Sep 19, 2012 7:26 AM

    Cuz he’s probably still in a 5 mil crib and a fleet of cars. Just can’t afford the payments. Sell your stuff downsize your crib, buy a Prius. Watch your bank account go the other way

  62. yyyass says: Sep 19, 2012 7:27 AM

    Wait, you own a bucket…..and you poop in it? You made of money or something?

  63. furtigan says: Sep 19, 2012 7:30 AM

    5.5+1.7=7.2

    What happened to the other 18.8?

    ——-

    Taxes take about 39%, the agent 10%, insurance on the contract another chunk. So even if he was never forced to take a pay cut, he only ever saw about $13M of his original $26M contract.

    The guy’s obviously made horrible choices, but if you’re gonna do math, do it right.

  64. tmac4454 says: Sep 19, 2012 7:34 AM

    Maybe it just me, but what happened when putting cash under or inside your mattress for rainy days? That what my mother showed me. Why put all your eggs in one basket or allow others to watch your money. I am a grown a** man, I can watch my own money. How many previous jocks been taken from investors?
    Fools will be fools…I guess he did not listen while he was a rookie when the veterans was educating of what and what not to do with your money. At least I know he will not harm himself while being broke.

  65. spunjmunke says: Sep 19, 2012 7:41 AM

    The Madden Curse strikes again!

  66. indywilson40 says: Sep 19, 2012 7:43 AM

    Somewhere Skip Bayless is blaming Jeff Fisher for VY’s financial issues.

  67. contract says: Sep 19, 2012 8:02 AM

    I think the “plays poorly” part takes precedence.

  68. miserynmossouri says: Sep 19, 2012 8:03 AM

    I heard Vince was signing 2006 rose bowl footballs as the Ross Bowl. I think that Ella you all you need to know.

  69. ddogdaddy says: Sep 19, 2012 8:04 AM

    I have read several comments and I felt I should pass on the advise my dad once gave me. “Its not how much you start with its how much you end with”. Very appropriate indeed.

  70. keepounding1234 says: Sep 19, 2012 8:12 AM

    doubledogcatch says:
    Sep 18, 2012 11:29 PM
    It would be refreshing to hear about a draft bust that saves his money and is doing well after football. ___________________________________ That would be Jamarcus Russell.

  71. nathanbetz91 says: Sep 19, 2012 11:08 AM

    maybe he just should of dealt with the situation in tennesee instead of causing problems. i mean statistacly thats where he was at his best but no he had to much faith in his ability and decided to go somewhere else, not a smart move. just hold your tongue and grit your teeth, and be happy youre making money. is what he shouldve done.

  72. sixjak says: Sep 19, 2012 11:59 AM

    csilojohnson says:
    Sep 18, 2012 10:56 PM
    What happened to the other ~19mil Vince? Amazing these guys go broke. Give me 1mil, I will live comfortably the rest of my life. Hey, I might finally have time to take up a hobby.

    Well maybe you could, but more likely no you couldn’t. It used to be a lot of money, not so much now. You’d have to be really, really frugal.

    I contrast all of this with Alex Smith who got off to a rocky start to say the least but chose to drive a Honda Accord his first few years instead of a Ferarri or AMG Benz. Not sure what he drives now but wouldn’t be surprised if its still an Accord. He’ll have money when he retires.

  73. capslockkey says: Sep 19, 2012 12:39 PM

    My work has its own credit union, why doesn’t the NFL? Here’s an idea, put your money in a bank rather than giving power of attorney to these “I’ll double your money” con artist financial advisors.

  74. emoser says: Sep 19, 2012 1:22 PM

    If he’s that broke, he should just hang out on the University of Texas campus and give students piggyback rides to class for $20 a pop. There you go, problem solved. Now stop bitching.

  75. danielm1967 says: Sep 19, 2012 3:10 PM

    One cannot just give carte blanche to a financial advisor or agent. If he had any smarts at all, he would have kept better track of his money. And the Bills would nver have cut him if they felt he could help them win. Pro football owners keep felons on the books like Michael Vick and Ray Lewis because they feel they have talent. Vince Young’s talent has disappeared.

  76. savojah says: Sep 19, 2012 3:38 PM

    Vince, you messed up man! Just because you have millions don’t mean you have to spend it all. House, car, food and money for family. Of course you want to have fun too, and that’s fine. But jeez man, you spent 26 million. And what you got to show for it? All you need is a freaking checking account. SMH

  77. zdubs says: Sep 19, 2012 3:51 PM

    Also, use your brain, fellas. Of the $29 million, VY ended up seeing about $12 million in actual cash (at most) after taxes, agent fees, lawyer fees, etc. Assuming the accusations are true, he should still be a millionaire, able to afford to pay down loans on whatever he spent the other half on. Get off your poorly made soap boxes and relax.

  78. srvblooze says: Sep 19, 2012 6:45 PM

    Young should be more sympathetic toward those dudes that allegedly impersonated him. After all, Young himself impersonated an NFL quarterback for several years.

  79. kev86 says: Sep 19, 2012 7:07 PM

    Send me your resume Vince.

  80. doe22us says: Sep 19, 2012 10:29 PM

    I guess he can fall back on his restaurant.

  81. kvj361 says: Sep 20, 2012 10:38 AM

    No one should judge another. I would ask Vince to understand that every choice has a path, every path has experiences, every experience has lessons, and every lesson learned has a blessing. Learn your lesson and move forward. Good Luck.

  82. nicewolf64 says: Sep 20, 2012 12:05 PM

    “would you like fries with that?”

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!