Current:Home > NewsJudge halted Adrian Peterson auction amid debt collection against former Vikings star -Global Capital Summit
Judge halted Adrian Peterson auction amid debt collection against former Vikings star
View
Date:2025-04-14 13:46:09
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! (45)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- FDA database that tracks heart device harms may miss red flags, safety experts warn
- Jonathan Majors Found Guilty of Assault and Harassment in Domestic Violence Case
- What's the best Christmas cookie? Google shares popular 2023 holiday searches by state
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- The UK and France reiterate that Russia’s invasion of Ukraine must end in failure as US aid falters
- A group representing TikTok, Meta and X sues Utah over strict new limits on app use for minors
- Federal judge orders new murder trial for Black man in Mississippi over role of race in picking jury
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Narcissists are nightmares during holidays. Here's how to cope with them.
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- A boycott call and security concerns mar Iraq’s first provincial elections in a decade
- Lawsuit says Georgia’s lieutenant governor should be disqualified for acting as Trump elector
- Best Believe the Chiefs Co-Owners Gifted Taylor Swift a Bejeweled Birthday Present
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Jonathan Majors dropped by Marvel Studios after being found guilty of assaulting ex-girlfriend
- 'The Voice': Mara Justine makes John Legend have 'so many regrets' with haunting Adele cover
- The 15 most-watched holiday movies this season. Did your favorite make the cut?
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Good news for late holiday shoppers: Retailers are improving their delivery speeds
Celine Dion Has Lost Control of Muscles Amid Stiff-Person Syndrome Battle
Greek anti-terror squad investigates after a bomb was defused near riot police headquarters
A White House order claims to end 'censorship.' What does that mean?
These kids want to go to school. The main obstacle? Paperwork
FDA database that tracks heart device harms may miss red flags, safety experts warn
Nearly 200 false bomb threats at institutions, synagogues. Jewish community is on alert.