Former Arkansas standout Darren McFadden is suing his former business manager for $15 million for mishandling his money throughout his eight-year NFL career.
The Associated Press first reported McFadden had filed the lawsuit Tuesday against Michael Vick of Mabelvale, Ark., — not the NFL player — and 10 unknown others named only as “Doe.”
McFadden told Brandon George of the Dallas Morning News on Thursday that Vick was a family friend whom he had hired to take care of his money shortly before he was chosen at No. 4 overall by the Oakland Raiders in the 2008 NFL Draft.
“It’s just one of those deals with me as a young guy I wasn’t on top of my finances like I should have been,” McFadden told George, “and I trusted somebody to take care of everything for me and I don’t feel like at the time he had my best interest.”
McFadden’s lawsuit, according to The AP, alleges that Vick used fraudulent documents to gain power of attorney and fabricated fictitious financial records to hide what he was doing. McFadden said he discovered Vick’s fraudulence when he tried to sell him a building allegedly bought with McFadden’s money.
The Raiders signed McFadden to a six-year, $60 million deal out of Arkansas. He spent seven seasons with Oakland before joining the Dallas Cowboys in March of 2015, signing a two-year deal that was worth up to $5.85 million.
Information from The Associated Press was used in this report.