Current:Home > MarketsJudge halted Adrian Peterson auction amid debt collection against former Vikings star -SecureWealth Bridge
Judge halted Adrian Peterson auction amid debt collection against former Vikings star
View
Date:2025-04-15 18:30:49
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: bschrotenb@usatoday.com
veryGood! (1)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Rescued baby walrus getting round-the-clock cuddles as part of care regimen dies in Alaska
- Russia targets Ukrainian city of Odesa again but Kyiv says it shot down all the missiles and drones
- Southern Charm: Everything to Know (So Far) About Season 9
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Another inmate dies in Fulton County Jail which is under federal investigation
- After Maui fires, human health risks linger in the air, water and even surviving buildings
- A tiny house gives them hope: How a homeless family in Brazil got a fresh start
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- How a DNA detective helped solve an unsolvable Michigan cold case in four days
Ranking
- The Super Bowl could end in a 'three
- MLB looking into social media posts involving Rays shortstop Wander Franco
- Book excerpt: The Rabbit Hutch by Tess Gunty
- Run-DMC's Darryl McDaniels reflects on his Hollis, Queens, roots
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- At least 20 Syrian soldiers killed in ISIS bus ambush, activists say
- Survival of Wild Rice Threatened by Climate Change, Increased Rainfall in Northern Minnesota
- Horoscopes Today, August 13, 2023
Recommendation
Travis Hunter, the 2
Zooey Deschanel and Property Brothers' Jonathan Scott Are Engaged
More states expect schools to keep trans girls off girls teams as K-12 classes resume
New Mexico Supreme Court provides guidance on law enforcement authority during traffic stops
Highlights from Trump’s interview with Time magazine
The No-Brainer Retirement Account I'd Choose Way Before a 401(k)
Morgan Wallen shaves his head, shocking fans: 'I didn't like my long hair anymore'
NFL preseason Week 1 winners, losers: Rough debuts for rookie QBs