Adrian Peterson

Harris County judge orders Adrian Peterson to turn over assets to pay multi-million-dollar debt – Houston Public Media

 

AP Picture/Matt Patterson

Former Seattle Seahawks operating again Adrian Peterson (21) throughout participant arrivals earlier than an NFL soccer recreation in opposition to the Houston Texans, Sunday, Dec. 12, 2021, in Houston.

A Houston decide has ordered former Minnesota Vikings operating again Adrian Peterson to show over property to pay again an estimated $12 million debt.

In accordance with Harris County courtroom data, a decide has ordered constables in Fort Bend County to accompany the court-appointed receiver to Peterson’s house in Missouri Metropolis to grab property associated to a virtually decade-old unpaid mortgage.

The debt originated from a $5.2 million mortgage Peterson took out in 2016 from Pennsylvania-based DeAngelo Automobile Gross sales. In 2021, A New York courtroom awarded DeAngelo Automobile Gross sales almost $9 million with a post-judgment rate of interest of 9% and appointed Lawyer Robert Berleth because the receiver on behalf of the dealership.

One other lawsuit was filed in August 2023 wherein Berleth claims Peterson is making an attempt to forestall the seizure of property. In accordance with the lawsuit, Berleth was notified that Peterson was holding non-exempt property in a number of storage items.

Nonetheless, when Berleth tried to retrieve the property, Peterson had allegedly transferred the items below one other particular person’s title, hindering Berleth’s efforts. The lawsuit additionally claims Peterson is utilizing his connections to 2 firms to allegedly conceal property.

In February, a number of hundred soccer memorabilia objects owned by Peterson went up on the market in a web-based public sale by Houston-based Texmax Auctions, LLC regardless of the objects probably being out there for seizure by Berleth.

Peterson responded publicly to this information in a now-deleted Instagram video wherein he denied figuring out concerning the public sale.

“We allowed them [the auction company] to enter a number of of our storage items with clear directions; they clearly did one thing illegal,” Peterson mentioned within the video posted to his X and Instagram accounts. “I wish to emphasize that I’m financially secure and would by no means unload my hard-earned trophies. And if I used to be going to promote them, I do know people who I might promote them to. I wouldn’t go browsing and promote my private objects randomly.”

“I didn’t authorize the sale of any of my trophies, and I might be taking authorized motion,” he continued. “Trusting this firm with out supervision was my mistake.”

The public sale was later placed on maintain and has nonetheless not occurred.

On the time, Texmax Auctions mentioned the public sale was being held up by chapter courts, however Peterson’s lawyer mentioned he had not filed for chapter.

In March 2024, Peterson’s attorneys formally answered Berleth’s lawsuit, denying that Peterson had made any makes an attempt to “hinder, defraud, or delay the receiver or courtroom.”

Peterson, 39, was born and raised in Palestine, Texas, and performed school soccer on the College of Oklahoma. He started his 15-year profession as an NFL operating again for the Minnesota Vikings in 2007. In 2016, Peterson suffered a knee harm and have become a free agent after the Vikings didn’t re-up his contract.

He went on to play for the New Orleans Saints, Arizona Cardinals, Washington Commanders, (who had been referred to as the Washington Redskins on the time), Detroit Lions, Tennessee Titans and Seattle Seahawks. He final performed in 2021 and advised Yahoo Sports activities in 2023 that if he didn’t get signed that yr he would retire.

Peterson’s attorneys didn’t instantly reply to a request for remark as of the time of publication.

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