Vince Young has filed for bankruptcy

Vince YoungIn a move that was probably long overdue, former NFL quarterback Vince Young has reportedly filed for bankruptcy. According to the Houston Chronicle, Young filed for Chapter 11 bankruptcy protection last week in a Houston court. His estimated assets were listed between $500,001 and $1 million and his liabilities between $1,001,000 and $10 million.

Young’s financial struggles throughout his disappointing NFL career have been well-documented. He reportedly blew about $60 million in career earnings and ended up suing his financial adviser. The adviser, Ronnie Peoples, claimed Young took out an extremely high-interest loan during the NFL lockout because he needed finances. Young claims he was misled and did not know what he was signing.

Peoples said that Young took out the seven-figure loan in part because he had committed roughly $300,000 to throwing himself a 28th birthday party. At the time he turned 28, Young had gone several months without receiving a paycheck from the NFL.

As we mentioned before, we don’t doubt that Young didn’t fully understand the loan that he was signing for. He probably felt that he had unlimited funds and would never get into financial trouble, as evidenced by the thousands of dollars a week he supposedly spent at TGI Fridays and other places.

Young was released by the Green Bay Packers before the start of the season and said in October that he was shocked an NFL team hadn’t come calling. He was never able to fulfill the potential he displayed during his incredible career at Texas, yet he still spent money like he was Tom Brady or Peyton Manning. It’s a story we have heard all too often with professional athletes.

Vince Young is shocked he has not heard from an NFL team

Vince YoungImagine how Vince Young must have felt on Thursday morning when a report surfaced that the St. Louis Rams contacted 44-year-old Brett Favre after Sam Bradford suffered a season-ending injury. Young, a former Heisman Trophy winner, is just 30 years old. He seems to be in decent physical condition and was on an NFL roster less than two months ago. Yet, his phone is not ringing.

On Wednesday, Young told Sirius XM NFL Radio’s Alex Marvez and Gil Brandt that he is shocked no teams have expressed interest.

“Me and my wife and all my peers and fans, we’re all trying to figure this stuff out,” he said, via the Houston Chronicle. “I don’t have the slightest idea. It’s like a huge question mark over my head every day I wake up in the morning to take care of my responsibilities and know I should be playing.

“To not have one of those calls, man, it’s tough.”

When the Green Bay Packers released Graham Harrell over the summer, it appeared Young had earned the team’s backup quarterback spot behind Aaron Rodgers. Instead, he too was given a pink slip when the Packers had to trim their roster down to 53.

“All the work I put into that, that short time I was there, I was very shocked to get cut,” he said.

A number of teams across the league are in desperate need of quarterback help. When Matt Schaub went down with an injury in Week 6 and TJ Yates stepped in and began turning the ball over, Young was quick to jump on Twitter and campaign for a job. There’s obviously something about his game that NFL teams don’t like. Given some of the horrible quarterbacks that have jobs at the moment, you can understand why that’s a tough pill for Vince to swallow.

Vince Young campaigns on Twitter for job with Houston Texans

Vince YoungGood news, Houston Texans fans. Matt Schaub may be hurt, and T.J. Yates may be throwing pick-sixes, but at least you have another good quarterback option. Houston native Vince Young has put himself in the running for the Texans quarterback job.

Vince made himself available to the team by sending these tweets during Sunday’s game:

Not only did VY, in the third person, let the team know he’s “in shape and ready to go!” but he also responded to a tweet from Houston rapper Slim Thug to say he was ready.

Young was in training camp with the Green Bay Packers and cut late in camp, so the argument can be made that he is ready to go. But come on, Vince. Stop acting like you’re the savior. This isn’t 2005 and you’re not playing for Texas anymore. It’s 2013 and in your last NFL season, you threw for nine interceptions and four touchdowns with good receivers in Philadelphia. Sorry to crush your dreams, but it ain’t happening.

Vince Young to work out for Green Bay Packers

Vince YoungDon’t close the door on Vince Young’s professional football career just yet.

The Green Bay Press Gazette says the Packers are bringing in the former two-time Pro Bowler in for a workout. The paper adds that Young was spotted at the airport on Sunday night.

Young has not played in the NFL since 2011. He was in camp with the Buffalo Bills last year before being cut by the team. In his most recent NFL action as a backup quarterback for the Philadelphia Eagles, Young struggled as Michael Vick’s replacement. He went 1-2 in three starts and threw for four touchdowns and nine interceptions.

The Packers currently have Graham Harrell and B.J. Coleman fighting for the team’s backup quarterback job, so it’s possible that Young could get a decent look.

Here’s a look at VY at the airport, according to a fan:

UPDATE: The Packers signed Young, so he will have a chance to compete for the backup quarterback job.

Vince Young pays tribute to Steve McNair, calls him ‘pop’

Vince YoungIt’s hard to believe, but it has been four years since Steve McNair was found shot to death inside a Nashville condominium on July 4, 2009. It is believed that he was killed by his mistress, Sahel Kazemi, in a murder-suicide.

McNair was drafted by the Houston Oilers and served as the franchise’s quarterback all throughout its time in Tennessee until the team locked him out of their facilities in 2006. The Titans decided to move on with a new quarterback and drafted Vince Young third overall that year. McNair was traded to the Baltimore Ravens.

Though McNair had an ugly split from the team, he was still a huge part of the franchise’s history, and Young has always acknowledged that. Despite all of Young’s failings off the field, he has pledged to take care of McNair’s sons and treated them well since their father’s death.

On Thursday, the fourth year since the death of Air McNair, Young paid tribute to the man he calls “pop” with a series of photos:

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Vince Young says he sent Jeff Fisher an apology letter

Vince Young is attempting an NFL comeback, and the former NFL Rookie of the Year is hoping to repair his image and name in the process.

Young, who was released by the Buffalo Bills last August, is planning to work out for scouts at the University of Texas on March 26. He is confident he can be an asset for a club, and he is hoping and praying that a team gives him another chance.

During an interview with NFL Network’s “NFL AM” Wednesday, Young talked about his desire to improve his legacy. Now 29 and married with children, Young says he has grown and matured. He even says he sent a letter of apology to his former coach with the Tennessee Titans, Jeff Fisher, who is now with the St. Louis Rams.

“I definitely wanted to apologize for the things that I did, letting him know about the frustration, a lot of different things that was going on in my life at the time,” Young said of his letter to Fisher. “And I wanted him to know that I really did appreciate him trying to make me become one of those type of leaders on the team, a successful quarterback.

“At the time, being immature and not paying attention and not listening and taking my frustrations out on a lot of people wasn’t the right thing to do. Just knowing that, hopefully he can read my letter and forgive me for that.”

Young is hoping that Fisher will be able to put in a good word for him with teams around the league. He says he would be willing to take a backup job and that he believes he would be a good leader and mentor for younger players.

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Vince Young reportedly needed loan to throw himself $300,000 birthday party

Vince Young is in poor financial shape. That much we know. The former Tennessee Titans quarterback blew around $60 million in career earnings and is now in a dispute with his former financial adviser. The adviser claims Young took out an extremely high-interest loan during the NFL Lockout because he needed finances. Young claims he didn’t really know what he was signing — that he was misled — and that his former advisers misappropriated around $5.5 million of his funds. It’s up to you to decide whom to believe in the the situation, but there is one part of the story that must be shared.

Young’s former financial adviser, Ronnie Peoples, says he arranged for Young to have a seven-figure loan taken out during the lockout because the quarterback had committed around $300,000 to spend on his birthday party and needed the money to cover the expenses, The Associated Press reports. Young’s birthday is May 18, 1983, so he would have been turning 28 at the time and probably had gone months without getting a paycheck since the NFL was in the offseason. $1.9 million was borrowed from Pro Player Funding, L.L.C., at 20 percent interest. Pro Player Funding is seeking reimbursement for the loan.

I don’t doubt that Young signed stuff he had no understanding of, but that’s probably because he thought he had limitless funds and didn’t care enough to pay close attention. He’s probably only claiming now he was misled because he’s lost it all and he never thought that would happen. Just look at his alleged spending habits around the Nashville area to understand what kind of spender he was.