Vince Young
Vince Young is perhaps one of the most cautionary tales in the history of the NFL, which is saying a lot. His story is an example for many young athletes on what never to do. Vince signed a 5 year, $56 Million contract with $25.7 Million guaranteed. First, Vince trusted his uncle, a grade school teacher, with his finances. It was normal for Vince to blow through $30,000 at a time at the clubs. Alarms were raised when, after three years in the league, Vince was found unconscious in a club after chugging Tequila.Even in 2011 when Vince knew the end was near, he insisted on throwing himself a $300,000 birthday party. It all ended when he took out a high interest $1.8 Million dollar loan that he never repaid. The interest grew to $2.5 Million quickly and a judge finally ordered his assets seized. They took everything, leaving Vince with $60,000 to live on. To make supplemental income Vince often signs autographs… for $59 a pop. He still owes over $1M dollars.