December 21, 2014

Young files for Chapter 11

Former NFL and Texas University quarterback Vince Young has filed for

Vince Young

Vince Young

Chapter 11 bankruptcy protection.

The petition was filed last week in a Houston federal bankruptcy court, listing Young with estimated assets between $500,001 and $1 million and liabilities between $1,001,000 and $10 million.

Young, who spent some time in training camp with the Green Bay Packers, is fighting a pair of lawsuits stemming form a $1.8 million loan obtained in his name during the 2011 NFL lockout.

A court has granted a judgment against Young to Pro Player Funding, a New York company that made the loan.