I’m not one to count people’s pockets, but I do find it interesting how athletes spend their money. People never learn. Give me one million dollars and watch what I turn that into! They should make all past, present & future athletes watch ESPN’s 30 for 30 “Broke” documentary. SMH.
Apparently Vince Young took out a loan so he could throw himself a birthday party. Problem was that he was near broke and wanted to take out a large amount. Check out the details after the jump…
According to Associated Press via Fox Sports:
The former financial adviser for ex-NFL quarterback Vince Young says he arranged a seven-figure loan for Young during the 2011 lockout because the player wanted to throw himself a $300,000 birthday party even though he was running low on funds.
Ronnie Peoples of Raleigh, N.C., said under oath during a videotaped deposition last month he contacted New York-based Pro Player Funding LLC about the loan after being informed that Young had already paid for the party.
The deposition was taken as part of a proceeding in which the former University of Texas star is challenging the validity of a $1.7 million judgment against him. A transcript of the deposition was obtained by The Associated Press.
Young’s attorney says Peoples’ account is inaccurate.