Adrian Peterson In Financial Trouble Again

Adrian Peterson In Financial Trouble Again

Adrian Peterson In Financial Trouble Again!

Back in 2017, Adrian Peterson was drafted by the Minnesota Vikings and has earned over $100 million during his time in the NFL. Well, despite his big earnings the veteran running back was reported to be “nearly broke” just a few years ago. Read on for details about Adrian Peterson in Financial Trouble... that things have only gotten worse in 2021 after a New York state judge ruled on Wednesday that Adrian Peterson must pay a Pennsylvania lender $8.3 million because he defaulted on a loan.

Daniel Kaplan of The Athletic reports:

Peterson is said to have borrowed $5.2 million from the lender in 2016 and defaulted on his loan. The $8.3 million figure includes interest and late fees.

Adrian reached two settlements with DeAngelo Vehicle Sales (DVS), but defaulted both times, according to DVS’s legal team.

The report indicated that the Detroit Lions running back is unable to pay the loan back to the lender. He has not filed for any sort of bankruptcy protection.

It appears that Peterson may have been taken advantage of by those he trusted, according to reports.

Peterson’s attorney Chase Carlson revealed in a statement to The Athletic in 2019:

The truth behind Adrian Peterson’s current financial situation is more than is being reported at this time. Because of ongoing legal matters, I’m unable to go into detail. But I will say that this is yet another situation of an athlete trusting the wrong people and being taken advantage of by those he trusted. Adrian and his family look forward to sharing further details when appropriate.

He has earned $102.8 million in 14 NFL seasons, according to Spotrac.