Adrian Peterson ordered to turn over assets to pay debt; PR firm points to advisor

Former NFL working again Adrian Peterson has been ordered by a Houston choose to show over quite a few property as a way towards paying a debt that’s estimated at greater than $12 million.

The court-appointed receiver, Robert Berleth, requested this order in July and stated Peterson “is thought to have quite a few property” at his residence in Missouri Metropolis, Texas. The Houston choose on Monday ordered constables in Fort Bend County, Texas, to accompany Berleth to Peterson’s residence to maintain the peace.

Peterson’s debt points started when he took out a mortgage for $5.2 million from a Pennsylvania lending firm in 2016. The sum has grown on account of curiosity and lawyer’s charges, resulting in an $8.3 million judgment in opposition to him in 2021.

“No offsets have been made in opposition to this judgment up to now,” the receiver acknowledged within the July courtroom submitting.

Entertainers &Athletes Group, the general public relations agency representing Peterson, issued a press release to Area Stage Media on Tuesday looking for to make clear his place within the matter. EAG stated “each effort to resolve this subject has been rejected” and “makes an attempt at an amicable settlement have been rebuffed.”

“The article that has surfaced incorporates no new info. Adrian Peterson has been coping with this lawsuit since 2017, which stems from a enterprise mortgage organized by his then-financial advisor, Jeff Wiseman. The mortgage was for an organization co-owned by Peterson, Wiseman, and one other companion. As the bulk proprietor, Peterson was made the guarantor of the mortgage, making him solely liable for the collateral,” EAG CEO Denise White stated in a written assertion Tuesday afternoon.

A 2012 NFL MVP, four-time All-Professional and seven-time Professional Bowl choice, Peterson led the league in dashing thrice in his 15-year profession. He ranks fifth all-time with 14,918 dashing yards to associate with 90 touchdowns throughout 184 profession video games (167 begins) with seven groups, most notably the Minnesota Vikings (2007-16).