Vince Young is already broke

[santeesioux]

I hope Greg invested his money more wisely

http://www.nbcnewyork.com/news/sports/Vince-Young-Broke-Out-of-NFL-170334706.html

 

[Haakzilla]

...do you think it is a total coincidence that he scored one of the lowest wonderlic test scores ever as well?!

 

[jlprk]

When I was 22 or whatever he was, if someone had handed me $6M, I would have trusted my advisor, too. Then, if a depression had hit, devaluing my property investments, I might be in the same fix.

I was smarter than him, and more important, my parents were smarter than his, so that's what would have saved me.

I don't blame him at all.

 

[NOVoodoo]

I always wondered why these former athletes who have had financial troubles couldn't find a way to break into the entertainment industry in some way.

You're telling me that there wouldn't be a market for Vince Young on a sports talk show in Austin or Nashville? I know the guy's apparently dumb as the day is long, but you don't think the new Long Horn Network wouldn't want to give the guy a gig? How about Hollywood... you'd think there'd have to be some stupid comedy movies that would like to goof on Vince Young.

Just look at Jay Williams. Albeit, Jay was incredibly articulate in comparison to Young, he quickly parlayed his playing fame into a career with ESPN.

You've even got guys like Delvon Roe. Delvon's story is that he was once projected a future first rounder in high school, hurt his knee so badly n high school that he didn't even play his senior season, somehow managed three productive years at Michigan State none the less, and then eventually had to retire before his senior season because of his knee troubles. What he'd do? He moved out to LA and became an actor. He's not big at the moment, but at least he had the sense to realize that there might be film opportunities for a large, 6'8" black man.

All I'm saying is that, if you're a former player, you either have an incredible knowledge and expertise for the sport or a very distinctive stature. Either way, you should be able to use that as your resume to get work in the entertainment industry.

 

[Mediocre Man]

When I was 22 or whatever he was, if someone had handed me $6M, I would have trusted my advisor, too. Then, if a depression had hit, devaluing my property investments, I might be in the same fix.

I was smarter than him, and more important, my parents were smarter than his, so that's what would have saved me.

I don't blame him at all.

$26 M, not $6 M


Absolutely no excuse for this. Any person who spent any time in any finance class in college would have some sense. Any adviser should tell someone to take some of his money and put it somewhere to have interest in case investments go wrong. He could have spent and invested $20 M and still just put away $6 M in a low interest account and made 2% annually. Never been broke a day in his life and never have to work after football

 

[BLAZER PROPHET]

He's a dolt. It was bling time and now he's spent his money. That's all there is to it. But he still has some good options. He can work hard to get in shape, practice QB skills and make another run in football. There's several leagues. He can also join the work force like the rest of us. He can become an electricion, plumber or real estate agent and make decent money.

I have zero sympathy.

 

[maxiep]

In hindsight, perhaps Adam "Pacman" Jones was a poor choice for his investment advisor.