NFL and PFF player stats for Detroit Lions HB Adrian Peterson on Pro Football Focus. Adrian Peterson has accomplished a lot during his illustrious NFL career. He's also made a lot of money, but that figures to be the case when you're one of the most dominant running back in the last 10 years or so. However, even with all the money he's made, Peterson has run into some financial - Part 2- Part 2.
Detroit Lions running back Adrian Peterson has been ordered to pay almost $8.3 million in summary judgment to a Pennsylvania loan company after a defaulted loan in 2016, New York State Supreme Court records show.
DeAngelo Vehicle Sales LLC sued Peterson in 2018 after the running back failed to pay back an initial sum of $5.2 million, including interest, by March 1, 2017. Including interest in 2018 when the case was filed in New York Supreme Court, DVS asked for $6,546,448.32 -- and then continued interest for every day he didn't pay. That was over two years ago.
Adrian Lewis Peterson (born March 21, 1985) is an American football running back for the Detroit Lions of the National Football League (NFL). He played college football at Oklahoma, where he set the freshman rushing record with 1,925 yards during the 2004 season.
- A Pennsylvania lending company has filed suit against Washington Redskins running back Adrian Peterson. (AP) With interest and legal fees, Peterson now owes DeAngelo (or DVS) $6.6 million.
- Adrian Lewis Peterson (born March 21, 1985) is an American football running back for the Detroit Lions of the National Football League (NFL). He played college football at Oklahoma, where he set the freshman rushing record with 1,925 yards during the 2004 season.
On Wednesday, DVS asked for $8,268,426.21, which includes continued interest of $2,207.12 per day on the loan that has not been repaid. The interest, which had been 16%, will be lowered to 9%, which is New York State law, going forward.
In the initial settlement agreement, which Peterson had notarized on Oct. 22, 2019, Peterson acknowledged 'the existence and continuation of his default under the Loan and the applicable Loan documents, and that Peterson's obligation under the Loan is immediately due and payable.'
Peterson did not pay back the loan by the initial agreed-upon date of March 1, 2017, and after DVS filed suit in 2018. In 2019, Peterson signed a settlement agreement, which called for him to make $50,000 payments on Oct. 18 and Oct. 31 of 2019, along with a $2.25 million payment on Nov. 11, 2019, and then a final $25,000 payment within 10 days of his option being picked up by the Washington Football Team for the 2020 season. If Peterson defaulted on the settlement agreement, he would have to pay the entire amount of the initial loan plus interest.
The attorney for DVS, Jeffrey Reina, said in court Wednesday that Peterson had paid back $165,000 of the initial agreement. Reina said in court that he had not heard from Peterson or Doug Wolfe, whom Hon. Paul B. Wojtaszek said was Peterson's 'last known representation.'
Peterson did not make an appearance in court and had no one there representing him. His initial attorney in the case, Scott Philbin of Bond, Schoeneck & King, withdrew in August 2020. Messages left for Philbin and for Lauren Renschler, who is Peterson's publicist, were not returned to ESPN.
Adrian Peterson Stats
Peterson, according to Spotrac, has made $102,803,319 in his career, including $1.05 million last season from the Lions.
Lions running back Adrian Peterson has made plenty of money. He currently owes plenty of money.
Via Michael Rothstein of ESPN.com, a court has ordered to pay almost $8.3 million to a Pennsylvania loan company. Peterson defaulted on a loan in 2016.
Peterson initially owed $5.2 million, plus interest. He failed to repay the money by March 1, 2017. He was sued in 2018. Interest has accrued daily, at 16 percent or $2,207.12 per day. The rate will drop to nine-percent, reflecting the statutory post-judgment interest law in New York.
Peterson, according to Danial Kaplan of TheAthletic.com, neither attended the hearing nor sent counsel on his behalf.
Adrian Peterson Stats
Peterson could eventually declare bankruptcy, selling off non-protected assets in order to pay off as much of the debt as possible.