Vince Young’s days of collecting a healthy paycheck are apparently over.
The Houston Chronicle reports that the star athlete has filed for Chapter 11 bankruptcy.
Brian Kilmer, an attorney, filed a petition in a Houston federal bankruptcy court.
Kilmer listed Young’s assets as being worth between $500,001 and $1 million with liabilities between $1,001,000 and $10 million.
Young’s bankruptcy is the latest in a series of high-cost circumstances. In the last year, the 30-year-old athlete has been at the center of a pair of lawsuits, which stem from a $1.8 million loan obtained in his name during the 2011 lockout.
According to a ProPlayer attorney, a judgment against Young to Pro Player Funding, a New York state court granted a New York company that made the loan.
Although several efforts have been made by Pro Player Funding in a Harris County state district court to enforce collection of…
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