Current:Home > MarketsJudge halted Adrian Peterson auction amid debt collection against former Vikings star -Visionary Growth Labs
Judge halted Adrian Peterson auction amid debt collection against former Vikings star
View
Date:2025-04-14 21:07:51
A judge in Houston halted the sale of hundreds of Adrian Peterson’s personal items recently after they were seized by a court-appointed debt collector who has been trying to get the former Minnesota Vikings star to make good on his massive debt.
The debt collector, Robert Berleth, seized the items from Peterson’s storage units in Houston, including his NFL trophies, game balls, jerseys, jackets, shoes and neckties. They were put up for auction online from Feb. 15-29 before Peterson objected and said he didn’t authorize the sale of his trophies.
This led to a court hearing and decision by the judge to discontinue the sale until Berleth produced an inventory of all property taken from Peterson’s storage units. The auction has been on hold since Feb. 29 as the two sides seek to determine what is “personal property” exempt from the debt collection, according to court records.
“The Receiver (Berleth) has seized a variety of assets which had been stored in storage facilities,” Peterson’s attorney said in court records. “Despite repeated requests from the Defendant (Peterson), the Receiver has refused and/or failed to provide any kind of inventory or identification of what assets he has in his possession. Receiver now seeks to auction various items he has seized. The items the Receiver currently include numerous irreplaceable items, including, for example, Defendant’s National Football League “2007 Rookie of the Year” trophy. The sale of such items cannot be undone. If the auction is permitted to proceed, no monetary amount can replace those lost items.”
What does Adrian Peterson owe?
Peterson, 38, made more than $100 million in his NFL career but still has massive debt stemming from a $5.2 million loan he took out from a Pennsylvania lending company in 2016 to pay back other lenders. He didn’t pay it back and it since has grown with interest, leading to an $8.3 million judgment against him in 2021.
NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.
Berleth then was appointed as receiver to collect on it in the Houston area, near where Peterson lives. In court records, he accused Peterson of playing a shell game with his assets to foil his collection efforts, which Peterson’s attorney denied this week.
The receiver said in court documents he is to collect on the $8.3 million judgment amount, plus 9% interest, attorney’s fees and a receiver’s fee of about $2.1 million, plus expenses. The approximate collection total is $12.5 million, he stated in court records. So far only "de minimis" offsets have been made against this judgment, according to his filings.
"The Receiver intercepted an auction the debtor initiated and seized items at Storage Facilities leased and secured with lock by the Debtor (Peterson)," Berleth said in court documents. "The assets belong to the Debtor. The leases at the Storage Facilities were delinquent. The debtor contested the sale of trophies. The debtor’s (attorney) contacted the Receiver and expressed this concern."
Follow reporter Brent Schrotenboer @Schrotenboer. Email: [email protected]
veryGood! (6373)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- A $20 Uniqlo Shoulder Bag Has Gone Viral on TikTok: Here’s Why It Exceeds the Hype
- Brian Austin Green Slams Claim Ex Megan Fox Forces Sons to Wear Girls Clothes
- Jessie J Reveals Name of Her and Boyfriend Chanan Safir Colman's One-Month-Old Son
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Sister Wives' Gwendlyn Brown Calls Women Thirsting Over Her Dad Kody Brown a Serious Problem
- Man was not missing for 8 years as mother claimed, Houston police say
- Congressional Republicans seek special counsel investigation into Hunter Biden whistleblower allegations
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Make Fitness a Priority and Save 49% On a Foldable Stationary Bike With Resistance Bands
Ranking
- South Korean president's party divided over defiant martial law speech
- DC Young Fly Honors Jacky Oh at Her Atlanta Memorial Service
- Warmer California Winters May Fuel Grapevine-Killing Pierce’s Disease
- Q&A: Is Elizabeth Kolbert’s New Book a Hopeful Look at the Promise of Technology, or a Cautionary Tale?
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- See the Shocking Fight That Caused Teresa Giudice to Walk Out of the RHONJ Reunion
- This $70 17-Piece Kitchen Knife Set With 52,000+ Five-Star Amazon Reviews Is on Sale for $39
- The Common Language of Loss
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
In California, a Warming Climate Will Help a Voracious Pest—and Hurt the State’s Almonds, Walnuts and Pistachios
Helpless Orphan or Dangerous Adult: Inside the Truly Strange Story of Natalia Grace
Many Scientists Now Say Global Warming Could Stop Relatively Quickly After Emissions Go to Zero
New data highlights 'achievement gap' for students in the US
Clean Energy Is a Winner in Several States as More Governors, Legislatures Go Blue
Watchdog faults ineffective Border Patrol process for release of migrant on terror watchlist
Jill Duggar Alleges She and Her Siblings Didn't Get Paid for TLC Shows