Adrian Peterson with the Redskins in 2018
After earning a estimated $100,000 over his career, Adrian Peterson‘s lawyer announced this week that the former league MVP and multi–year rushing champ is in serious debt after “trusting the wrong people.”
Peterson apparently owes DeAngelo Vehicle Sales a whopping $6.6 million after failing to complete several payments since taking out a loan while still playing for the Minnesota Vikings in 2016. Peterson’s lawyer, Chase Carlson, offered little other information as he stated, “Because of ongoing legal matters, I am unable to go into detail, but I will say 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.”
Peterson apparently struck the conflicting deal with DeAngelo Vehicle Sales to relieve a $3.2 million debt to Thrivest Specialty Funding and a $1.34 million debt to Crown Bank. The financial complications for Peterson arose after the Vikings cut him following his knee injury and denied him a hefty $18 million, which Peterson most likely intended to pay off his initial debts with. These initial debts occurred due to some unfavorable moves from the bad investors who allegedly took advantage of Peterson. Unable to gather enough funds following his departure from Minnesota, Peterson finds himself severely behind payments to both Crown Bank as well as DeAngelo Vehicle Sales.
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This summer, Peterson inked a two–year, $5 million deal with to remain with the Washington Redskins. The once universally acclaimed best running back across the NFL spectrum continues to move into his career’s twilight years. Still illustrating his effectiveness at an older age, however, Peterson last year ran for an admirable 1,042 yards and seven touchdowns.
Peterson intended to see a judge this Monday, although a conflict of interest involving Peterson’s lawyer postponed the hearing until a later, unknown date.
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