VY gets hit with ruling , may lose everything

blackzeus

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Vince Young may have possessions seized to pay off $1.7 million loan | Shutdown Corner - Yahoo! Sports

he basically will have 60k in assets left, that doesnt mean 60k cash. he will have at best about 40k of liquid cash after auction fees or selling things for less than face value

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Carolina Slim

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so no Texas booster that can throw VY a bone

I'm sure one of them oil baron alums will hold him down. Get him a job somewhere. The nikka led Texas to a national title; he should be able to :eat: anywhere after that. Plus them booster nikkas, they would love the chance to pop their collar and be like "Yeah, I held Vince down at got him a lil job :manny: :smugbiden:"
 

TheNig

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I just don't get it

Me neither. Have you heard of him opening up his on store or restaurant up in that area? Becuz I heard shyt down here.

Athletes usually lose money becuz of gambling problems or bad business moves.

Vince is not a victim of either. Unless someone knows something that I don't.
 

MoneyTron

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Me neither. Have you heard of him opening up his on store or restaurant up in that area? Becuz I heard shyt down here.

Athletes usually lose money becuz of gambling problems or bad business moves.

Vince is not a victim of either. Unless someone knows something that I don't.
Vince lost money because he spent it all. Plain and simple.
 

MoneyTron

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You don;t put out a loan @ 20% interest unless you know 30-40% of ppl are going to default and the rest covers the payments of repoing their assets. The fact that an athlete would even take a loan for more then 5% is insane, playing in the NFL is like keeping up with the joneses on steroids. Working in the industry im in I see NFl/BBall players taking loans out on 60K cars at 15% :wtf: Financial companies eat of this because normally their credit up until they get drafted is garbage so these banks charge them absurd interest rate shyt is kinda fukked up
Eddy Curry had a loan for like 1000% :russ:

Hard money lending is a bytch for people in desperation.
 

RubioTheCruel

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Me neither. Have you heard of him opening up his on store or restaurant up in that area? Becuz I heard shyt down here.

Athletes usually lose money becuz of gambling problems or bad business moves.

Vince is not a victim of either. Unless someone knows something that I don't.

It's really easy to go broke when you spend WAY more than you earn. Vince was essentially living the lifestyle of a billionaire when he really didn't have the chips like that. That being said, some Texas booster will hook him up with a cushy gig and he'll be OK.
 

MidwestD

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LOL at buying out Southwest flights, dude could have flown private for less. :why:
 
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