Previous Article
Mike Trout and girlfriend...
Next Article
Texas Tech releases football...
Houston Vs. Portland NBA Playoffs Odds,...
Lifestyle
30 minutes ago
Washington Huskies New White Helmets Have...
Lifestyle
35 minutes ago
Indiana-Atlanta NBA Playoff Odds, Predictions...
Lifestyle
40 minutes ago
Monte Carlo Rolex Masters Odds And Betting...
Lifestyle
1 hour ago
Home | Lifestyle | Athletes |

Report: Vince Young files for Chapter 11 bankruptcy protection


TOPICS:
, ,
Cred: Denny Medley-USA TODAY Sports

Former NFL quarterback Vince Young has filed for Chapter 11 bankruptcy protection. The petition was submitted to a court last week.

According to the Houston Chronicle, Young has estimated assets between $500,000 and $1M; however, he has liabilities between $1M and $10M.

Young has been embroiled in two lawsuits regarding a loan made in his name during 2011. Judges ruled against the former University of Texas star, mandating him to pay New York company Pro Player Funding $2.5M; the original loan amount was for $1.8M at reportedly 20% interest.

Following that suit, Young filed against his former agent and financial advisor, claiming they defrauded him, and that he never received money from the loan. An agreement has not yet been finalized.

As of post, neither Young, nor his attorney, have commented on the bankruptcy protection.

Must See Videos

Lifestyle
Nina Agdal Ditches Bikini For Basketball Court, Shows Off Mad Skills
Lifestyle
Video: Bo Pelini's Cat Gets Lion King Moment At Nebraska Spring Game

Latest Gamedayr Articles
What do you think?

Network Recent Articles
Recieve Updates
Via Email

Sign-Up
Become a writer for

Sign Up