Current:Home > NewsJudge halted Adrian Peterson auction amid debt collection against former Vikings star -ValueMetric
Judge halted Adrian Peterson auction amid debt collection against former Vikings star
View
Date:2025-04-18 10:49:54
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! (56)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- The task? Finish Stephen Sondheim's last musical. No pressure.
- Pakistani court indicts former Prime Minister Imran Khan on charges of revealing official secrets
- Trapped in Gaza for 2 weeks, hundreds of American citizens still not able to leave
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
- 5th suspect arrested in 2022 ambush shooting outside high school after football scrimmage
- Reese Witherspoon and Ryan Phillippe Share Sweet Tributes to Son Deacon on His 20th Birthday
- Bijan Robinson reveals headache was reason he barely played in Falcons' win
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Do manmade noise and light harm songbirds in New Mexico’s oil fields? These researchers want to know
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Sydney court postpones extradition hearing of former US military pilot until May
- Georgia man shoots and kills his 77-year-old grandfather in Lithonia, police say
- Tesla says Justice Department is expanding investigations and issuing subpoenas for information
- A South Texas lawmaker’s 15
- Ukrainians prepare firewood and candles to brace for a winter of Russian strikes on the energy grid
- Pilots on a regional passenger jet say a 3rd person in the cockpit tried to shut down the engines
- Turkey’s president submits protocol for Sweden’s admission into NATO to parliament for ratification
Recommendation
Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
Britney Spears' Full Audition for The Notebook Finally Revealed
Texas coach Steve Sarkisian provides update on quarterback Quinn Ewers' status
Tesla says Justice Department is expanding investigations and issuing subpoenas for information
Tropical weather brings record rainfall. Experts share how to stay safe in floods.
‘Is this all a joke?’ Woman returns from vacation to find home demolished by mistake
Authorities search for two boaters who went missing in Long Island Sound off Connecticut
Step Brothers' Will Ferrell and John C. Reilly Reunite and Surprise Snoop Dogg for His Birthday