Vince Young Filed Bankruptcy Even Though He Signed a Guaranteed $25.7 Million Contract
Former superstar quarterback Vince Young was on top of the world in 2006 when he was the 3rd pick in the NFL draft by the Tennessee Titans. “V.Y.” was fresh off of a National Championship season for the Longhorns and won the Davey O’Brien for being
the best quarterback in college football. Many would say he deserved the Heisman for being the country’s best player but he finished 2nd USC’s Reggie Bush (west coast bias, obviously!). For all of that Young was awarded with a five year contract with an option for a sixth year that could have been worth as much as $58 million with $25.7 of that money guaranteed. The Titans cut Young after the 2010 season so he didn’t see that sixth year.
Young Hasn’t Played in the NFL Since 2011
Young played the 2011 season for the Philadelphia Eagles as Michael Vick’s backup where he coined the now famous, “Dream Team” term to describe the Eagles squad after a bunch of high profile free agent signings. The Eagles had a miserable season and Young was not re-signed. Young signed with the Bills for the 2012 season but was released prior to the season and in 2013 Young signed with Green Bay only to be cut prior to the 2013 season. According to this article posted yesterday in the Austin American Statesman Young is still determined to play in the league and is working out everyday.
Ridiculous Spending is Why Vince Young is Broke
VY’s spending habits became legendary after it was reported that on ESPN’s Broke a 30 for 30 film that he was one of many pro athletes that blew through millions of dollars. Here are some of examples of his ridiculous spending habits:
- He once spent $6,000 at TGI Fridays. How is that even possible?
- Buying $600 shots for he and his buddies at Mortons in Nashville
- He bought every ticket on a Southwest flight because he wanted to be alone
- He paid $176,000 for a Ferrari even though his money manager had him on a $30,000 budget
- In 2011 during the NFL lockout he spent $300,000 on a birthday party for himself
- He was allegedly spending $5K a week at The Cheesecake Factory
- Buying bottles for every attractive woman he saw every time he went out
A search on Amazon.com under the term, Vince Young Texas reveals that there is still a market for VY gear.Hopefully he can land a spot on an NFL roster next season so he can at least make a decent income. I doubt that is going to happen and it’s sad that two of the greatest QB’s in college football history can’t play in the NFL. Can you guess the other one?
Vince Young on Outside the Lines (12-26-2012)