Adrian Peterson Ordered to Surrender Assets
Adrian Peterson Ordered to Surrender Assets

Adrian Peterson Ordered to Surrender Assets

News summary

Adrian Peterson, former NFL MVP and one of the best rushers in league history, has been ordered by a Houston judge to turn over numerous assets to settle a debt exceeding $12 million. Peterson's financial troubles began when he took out a $5.2 million loan in 2016 to consolidate other debts, but failed to repay it, leading to an $8.3 million judgment in 2021. The debt ballooned due to interest and legal fees. Court-appointed receiver Robert Berleth, who requested the order, will be accompanied by constables to Peterson's Missouri City, Texas, home to seize assets. Peterson has contested the seizure, claiming financial stability, but the auction of his memorabilia remains on hold. Despite earning over $100 million during his NFL career, Peterson's financial mismanagement has led to this substantial debt.

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Left 43%
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Right 43%
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10
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3
Center
1
Right
3
Unrated
3
Last Updated
69 days ago
Bias Distribution
43% Right

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