Stupid Vince Young tricks

[zulater]

http://espn.go.com/nfl/story/_/id/8940651/vince-young-ex-adviser-300k-loan-was-party

DALLAS -- 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.

:pointlaugh:

[st33lersguy]

Vince Young in the complaint: "Uh, me want da money, me want da big money".

[zulater]

He testified during a deposition in December that he "probably" signed some of the loan documents in the presence of a notary at a law office in Houston. But he said he had no need for a loan, never sought one and didn't have access to the proceeds.
That account was disputed by Peoples, who testified that he personally discussed the loan with Young at a meeting in Houston. Moreover, funds from the loan, which closed a day before Young's 28th birthday, were used to satisfy the quarterback's "obligations," Peoples said.
"We've got accountability to what happened to the money and a breakdown of the money, you know, once that loan closed, because that was actually reimbursement costs and stuff that Vince had incurred from borrowing money from others," Peoples testified.
Dolezal said Young never had a meeting with Peoples in which the loan was discussed.
"He does believe he may have signed three pieces of paper that were notarized, but he was told they were banking instruments, that they needed his signature for some banking documents," Dolezal said.
Young did not say anything about being told he was signing "banking" documents in his deposition, but Dolezal said that will be included when his client is questioned under oath again.
Peoples testified that he was contacted by an associate in Houston a day after Young led Texas to its national championship-clinching victory over USC in the 2006 Rose Bowl and was asked if he'd be interested in helping with the quarterback's finances. Peoples said he ultimately received $65,000 a year to perform duties that included paying Young's bills.
Even with the $26 million in guaranteed money Young received from the contract he signed with the Tennessee Titans in 2006 , the quarterback was in a financial bind after five seasons in the NFL, according to Peoples. Asked to describe Young's financial situation in May 2011, Peoples replied: "Not good."
Peoples said Young's monthly expenses were unpredictable, sometimes running as high as $200,000.
"It's almost like I can have a $30,000 budget that I know we had to pay here, but then, you know, I get an invoice for a Ferrari that he just bought for $176,000, and they want their money," he testified.
Dolezal said it's possible Young was on shaky financial ground in 2011 and just didn't know it.
"The fact is we don't have documentation to show where about $5 to $7 million is," he said.
Young has filed a lawsuit in Houston in which he claims Peoples and his former agent, Major Adams, misappropriated $5.5 million. The suit, filed five days after the Pro Player loan went into default, also asserts that the loan was another scheme to defraud the quarterback.
Peoples testified that he was asked to arrange the loan by Adams and Young's uncle, Keith Young, a former middle school teacher who assumed the role of business manager for his nephew.
However, Adams testified in his deposition that he had no involvement in the loan and that he had been fired by Vince Young before it was procured.
Peoples' attorney, David Chaumette, said his client mistakenly mentioned Adams in his testimony because he often was asked by both the agent and Keith Young to secure loans for Vince Young.
Keith Young did not respond to phone and email messages seeking comment. He has yet to give a deposition.
Another lawsuit filed by Vince Young in New York calls Pro Player "a predatory lender with a history of loaning funds to football players on extraordinary onerous terms" and accuses it of harassing him. The company has denied the charge.


Read More: http://sportsillustrated.cnn.com/nfl/news/20130212/vince-young-finances/#ixzz2KoRNyZb7

[Boh]

piece of trash

[steelreserve]

You know how it was rumored that he got a 6 on the wonderlic test? I believe it.

[fansince'76]

Sooo, any over/under on how long it will be before Young joins the class action concussion suit against the NFL yet?

[zulater]

Sooo, any over/under on how long it will be before Young joins the class action concussion suit against the NFL yet?

The moment he realizes there isn't an NFL job for him.

With all these teams going to the pistol you'd think there might be an opportunity for him to compete for a backup job somewhere. If no one is interested in him, it's very telling.

[steelreserve]

Sooo, any over/under on how long it will be before Young joins the class action concussion suit against the NFL yet?

I don't know. Do they let you join if you were already brain-damaged to begin with?

[Devilsdancefloor]

I dont know if i should feel sorry for him or laugh at him

[XxKnightxX]

At the end it shows how much of a dumbass gullible man VY is.

Sent from my SPH-D700 using Tapatalk 2

[zulater]

At the end it shows how much of a dumbass gullible man VY is.

Sent from my SPH-D700 using Tapatalk 2

If it's true that he spent 300k on his own birthday party after having already been cut by two teams, more like immature and delusional.