Report: Vince Young Ordered to Auction Off Possessions to Pay Back $1.7 Million Loan

VYVince Young, the once promising NFL quarterback who seemingly had the world at his fingertips, appears to have hit rock bottom.

On Monday morning, Young was woken up at his house in Houston, where Harris County constables visited his home, took an inventory of his possessions and issued an order for the ex-NFL quarterback to auction off his belongings in order to pay back a $1.7 million loan, according to KHOU 11 News. Young is allowed to keep $60,000 worth of his possessions, but the rest of it — which includes valuable furniture, jewelry and art — will be sold at auction.

Young took out the loan from the New York-based firm Pro Player Funding during the NFL lockout in 2011. He said then that he needed to throw himself a $300,000 birthday party. He was later taken to court after he defaulted on the loan. Young later said he didn’t know what he was doing when he took out the loan and was duped by former financial adviser Ronnie Peoples.

Young, who was selected as the third overall pick in the 2006 NFL draft after leading the University of Texas to a national championship, signed a deal with the Titans that guaranteed him $26 million. From there, though, the quarterback has suffered through a long, grueling fall. He spent five seasons in Tennessee, one in Philadelphia and was cut by Buffalo during training camp last season.

Now, with training camps beginning around the league and seemingly no potential suitors for Young, it appears the 30-year-old might be done with football for good.

Yardbarker

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