Is former NFL star Vince Young broke? It looks like that's the case, at least relatively speaking. The former NFL quarterback has filed for Chapter 11 bankruptcy protection. Chron shared the details on Jan. 22.
Young filed bankruptcy and lists his assets as being between $500,001 and $1 million. However, his liabilities are listed as being between $1,001,000 and $10 million. Once upon a time, Young was making serious cash during his NFL career. He reportedly made $34 million over the course of six NFL seasons.
ESPN notes that Young is in the midst of two lawsuits that are tied to a loan taken out in his name during the NFL lockout in 2011. A court issued a judgment against Young in one case. Young has also sued a group of people that include a former agent and former financial adviser, alleging that they conspired to get the loan but never gave him the money.
So far the former NFL star has not commented on the bankruptcy filing or financial troubles. It seems it's been a big drop for the former high school, college and NFL star. Are you surprised to hear that Vince Young is broke?