Redskins’ Adrian Peterson swimming in millions of dollars in debt
Adrian Peterson is deep in debt and struggling to sort things out.
Though Peterson, the Redskins running back, has earned nearly $100 million not including endorsements over his NFL career, more than any running back ever, his lawyer said he trusted people who took advantage of him financially.
On Tuesday, The Athletic reported that Peterson is being sued for failure to pay back a loan. Judges have ordered him to pay $2.4 million and $600,000 to creditors in two separate matters. Peterson will earn $2.5 million this season between his salary and signing bonus.
According to The Athletic, Peterson was caught up in a cycle of paying loans by taking more out, which he then struggled to pay.
“The truth behind Adrian Peterson’s current financial situation is more than is being reported at this time,” his attorney, Chase Carlson, said in a statement, per Pro Football Talk. “Because of ongoing legal matters, I am unable to go into detail, but I will say this is yet another situation of an athlete trusting the wrong people and being taken advantage of by those he trusted. Adrian and his family look forward to sharing further details when appropriate.”
Darren Heitner, the lawyer for the company suing Peterson, told The Athletic that the running back may be unable to pay back the loan.
“It’s very concerning that he has existing liabilities,” Heitner said, “and that there are publicly announced large judgements against him. And so, you know, without even knowing whether he has the capacity to pay those debts … I have no confidence he’ll be able to make any other sort of payment.”
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