Adrian Peterson is experiencing some financial difficulties. The former star running back finds himself in significant debt despite accumulating over $100 million throughout his distinguished NFL journey.
A judge from Houston has mandated him to settle an estimated $12 million in debt, compelling him to relinquish a collection of assets in his possession to repay it all.
In 2016, Peterson borrowed $5.2 million from a Pennsylvania lending institution to settle debts with other creditors. At that moment, he planned to repay it within five months. However, the loan escalated to $8.3 million by 2021, and following attorney fees and a 9% annual interest rate per USA Today, the total has nearly tripled.
Earlier in February, more news emerged regarding Adrian Peterson’s financial issues. This was coinciding with an auction featuring a selection of his trophies, including game balls, jerseys, and various memorabilia. As reported by USA Today, some items were fetching prices upwards of $10,000. The auction was halted as he was being sought to settle a debt that raised questions about the legality of the items being part of the debt collection.
All of this underscores a tragic decline for the Oklahoma native. At the pinnacle of his career, few football players matched his caliber. Drafted No. 7 in the 2007 NFL Draft, Peterson concluded with 14,918 rushing yards and 126 total touchdowns. He was crowned the 2012 MVP and recognized as a seven-time Pro Bowler. The 2007 Rookie of the Year largely played for the Minnesota Vikings before moving among various teams between 2017 and 2021.
According to Spotrac, Peterson’s largest payday occurred in 2011 when he signed a new contract that included a $12M bonus in addition to his $8.25M annual salary. He accumulated $94,708,319 while with the Vikings and several million during his remaining tenure across six teams.
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