Vince Young files for bankruptcy

[Messiah]

http://www.nfl.com/news/story/0ap200000 ... bankruptcy

"Vince Young has gone from franchise cornerstone to cautionary tale.

The 30-year-old, free-agent quarterback filed for Chapter 11 bankruptcy protection last week, according to court records. Young has been mired in financial difficulty, stemming from two lawsuits connected to a $1.8 million loan taken out during the 2011 NFL lockout.

Young's rookie contract with the Titans included $26 million in guaranteed money. However, the quarterback's free-spending ways quickly depleted his funds. Young's former financial adviser testified under oath last year that he arranged the $1.8 million for Young during the lockout because the player wanted to throw himself a $300,000 birthday party."

How do you waste $26 million that quickly? That should be enough to last you your lifetime and still have some money left over for your kids. I bet he made even more change from endorsements and his stints with Philadelphia, Buffalo, and Greenbay. Young has just wasted so much of his potential.

[Everlong]

Considering he used to spend $5k per week at the Cheesecake Factory, this isn't all that surprising.