Adrian Peterson
2021年6月9日Download here: http://gg.gg/uxfn3
Adrian Peterson is on the hook for $8.3 million in defaulted loans after the New York State Supreme Court ruled against him in a summary judgment, according to records obtained by ESPN.
The Detroit Lions running back, soon to be a free agent, was hit with a lawsuit in July 2019 from DeAngelo Vehicle Sales LLC, a Pennsylvania loan company (think investment vehicles, not cars). The company alleged that Peterson failed to pay back a loan of $5.2 million issued in October 2016.
Peterson reportedly did not appear in court to argue his side, nor had any lawyer there representing him.How Adrian Peterson ended up owing $8.3 million
Adrian Peterson has six career 200-yard rushing games, which is tied for the most in NFL history. Can you name the player he is tied with? Subscribe to Stathead, the set of tools used by the pros, to unearth this and other interesting factoids. Sep 23, 2020 Adrian Peterson is a football legend. The running back was a runner-up for the Heisman Trophy and followed his college success by becoming the fastest running back to hit 10,000 yards in the NFL, among other achievements. But the surefire Hall of Fame ball carrier is carrying a rather slim wallet these days.© Provided by Yahoo! Sports Adrian Peterson’s finances do not sound like they’re in good shape. (Rey Del Rio/Getty Images)
The loan was reportedly due to be paid back, with interest, by March 1, 2017. When the company filed suit, it asked for $6.6 million to cover the loan, interest and legal fees, plus continued interest for every day the loan went unpaid. After two years had gone by, it reportedly asked for $8,268,426.21, which added up to $2,207.12 per day in continued interest.
*Peterson - who had told us back in June he was aiming to play 4 more years - added, ’Maybe it’s five years now!’ The 35-year-old is still going strong regardless of the unique schedule.
*Following his first professional season, in which he set an NFL record for most rushing yards in a single game (296), Peterson was named the NFL Offensive Rookie of the Year.
In an initial settlement agreement notarized in October 2019, Peterson reportedly acknowledged “the existence and continuation of his default under the Loan and the applicable Loan documents, and that Peterson’s obligation under the Loan is immediately due and payable.”
Under the settlement, Peterson was apparently supposed to make $25,000 payments on Oct. 18 and 31, 2019, $2.25 million on Nov. 11, 2019 and $25,000 within 10 days of his contract option being picked up by the Washington Football Team for the 2020 season. If he did not make the payments, the settlement dictated that he would have to pay back the entire $5.2 million loan plus interest.
Video: Invest first or save? Here’s what to do with your money, says Ramit Sethi (CNBC)Invest first or save? Here’s what to do with your money, says Ramit Sethi
DeAngelo Vehicle Sales reportedly said in court that Peterson only paid back $165,000.Not Adrian Peterson’s first loan gone bad
This isn’t the first time Peterson has had a court rule against him on a defaulted loan, as he was ordered to pay $2.4 million for a similar situation in 2014.
In that case, Peterson had reportedly owed $4 million to Democracy Capital Corp. in Maryland, but only paid back about $1.7 million. What’s more, Peterson’s loan from DVS in 2016 was reportedly used to pay back loans of nearly $3.2 million to Thrivest Specialty Funding, which his lawyer later described as “a pay day lender for professional athletes” and $1.34 million to Crown Bank.
Peterson was also reportedly ordered by a Minnesota court to pay $600,000 to Crown Bank.Adrian Peterson has made more than $100 million in his career
Over the course of his 14-season career, Peterson has earned a total of $102.8 million, according to Spotrac. As a well-known running back, he would have earned even more in endorsement deals.
Peterson would have had to pay plenty of that back in taxes, union dues, agent fees and, apparently, legal fees, but you would think he wouldn’t need pay day lenders to keep himself supported. Now, in the twilight years of his career, it’s not like his next deal will be able to cover a $8.3 million hole in his finances.
More from Yahoo Sports:
“In today’s world, money is like oxygen – lack of oxygen can kill you, so can too much of it.”
― Time to Save Medicine
For years, Adrian Peterson has dodged loan obligations with the effortless grace of Patches O’Houlihan. Overdue notices might as well have been coupon pamphlets for RadioShack because they always found their way in trash can of his $4.5 million palatial estate.
It’s now being reported that in the final step before what I’d assuming be bringing in the National Guard, the Detroit Lions running back—who’s earned over $100 million in salary alone over his career—has been ordered to pay almost $8.3 million in summary judgment to a Pennsylvania loan company after he defaulted in 2016, according to ESPN.
The timeline of this financial pickle is proof that I’ve never committed to anyone or anything the way Adrian Peterson committed to not paying his bills. God grant me this conviction:
March 1, 2017: Adrian Peterson’s $5.2 million loan from DeAngelo Vehicle Sales LLC (investment, not cars) has matured and the money is due in full.
He does not pay.
2018: DeAngelo Vehicle Sales asked for $6,546,448.32 in default lawsuit against Peterson, tacking on a 16% daily interest of $2,207.12 for ever single day he doesn’t pay. Every. Single. Day.
He does not pay. And the time it took for me to single-finger type this sentence, he already lost $35.37.
We break in the action to give you a glimpse of AP’s shanty.
Adrian Peterson Is Selling His 10,000 Sq Ft Texas Mansion For $6 Million https://t.co/PuGapvp3q1
— BroBible (@BroBible) July 21, 2017
2019: Peterson signs a settlement agreement which requires him to make $50,000 payments on Oct. 18 and Oct. 31 of 2019, a $2.25 million payment on Nov. 11, 2019, and then a final $25,000 payment within 10 days of signing with Washington for the 2020 season.
The entire settlement amount clocks in at $2,375,000, less than half of the initial loan amount.
The agreement stipulates that if AP does not pay, HE WILL HAVE TO PAY THE ENTIRE AMOUNT OF THE INITIAL LOAN PLUS INTEREST.
AP pays $165,000 of the initial agreement and nothing else.
January 13, 2021: A judge grants DeAngelo Vehicle Sales their shiny new asking price of $8,268,426.21, which includes the $2,207.12 interest he lunched on for two years. The 16% interest was reduced to 9% (New York State law).Adrian Peterson Child Abuse
Adrian Peterson is now required, by law, to pay a full $3 million American dollars more than the initial $5.2 million loan. Pretty big deal, huh? Welp, not for him.
The Same Day: Adrian Peterson did not appear in court and had NO ONE there representing him.Adrian Peterson Kids
And all along, AP’s nickname really meant ‘Accounts Payable.’ Who knew.Adrian Peterson Stats
Can someone tweet at him and let him know that he’s on the hook for three Scottie Pippen Bulls contracts? And it’s a different case from 2014. I would but I’m a coward and don’t want the switch.
Download here: http://gg.gg/uxfn3
https://diarynote.indered.space
Adrian Peterson is on the hook for $8.3 million in defaulted loans after the New York State Supreme Court ruled against him in a summary judgment, according to records obtained by ESPN.
The Detroit Lions running back, soon to be a free agent, was hit with a lawsuit in July 2019 from DeAngelo Vehicle Sales LLC, a Pennsylvania loan company (think investment vehicles, not cars). The company alleged that Peterson failed to pay back a loan of $5.2 million issued in October 2016.
Peterson reportedly did not appear in court to argue his side, nor had any lawyer there representing him.How Adrian Peterson ended up owing $8.3 million
Adrian Peterson has six career 200-yard rushing games, which is tied for the most in NFL history. Can you name the player he is tied with? Subscribe to Stathead, the set of tools used by the pros, to unearth this and other interesting factoids. Sep 23, 2020 Adrian Peterson is a football legend. The running back was a runner-up for the Heisman Trophy and followed his college success by becoming the fastest running back to hit 10,000 yards in the NFL, among other achievements. But the surefire Hall of Fame ball carrier is carrying a rather slim wallet these days.© Provided by Yahoo! Sports Adrian Peterson’s finances do not sound like they’re in good shape. (Rey Del Rio/Getty Images)
The loan was reportedly due to be paid back, with interest, by March 1, 2017. When the company filed suit, it asked for $6.6 million to cover the loan, interest and legal fees, plus continued interest for every day the loan went unpaid. After two years had gone by, it reportedly asked for $8,268,426.21, which added up to $2,207.12 per day in continued interest.
*Peterson - who had told us back in June he was aiming to play 4 more years - added, ’Maybe it’s five years now!’ The 35-year-old is still going strong regardless of the unique schedule.
*Following his first professional season, in which he set an NFL record for most rushing yards in a single game (296), Peterson was named the NFL Offensive Rookie of the Year.
In an initial settlement agreement notarized in October 2019, Peterson reportedly acknowledged “the existence and continuation of his default under the Loan and the applicable Loan documents, and that Peterson’s obligation under the Loan is immediately due and payable.”
Under the settlement, Peterson was apparently supposed to make $25,000 payments on Oct. 18 and 31, 2019, $2.25 million on Nov. 11, 2019 and $25,000 within 10 days of his contract option being picked up by the Washington Football Team for the 2020 season. If he did not make the payments, the settlement dictated that he would have to pay back the entire $5.2 million loan plus interest.
Video: Invest first or save? Here’s what to do with your money, says Ramit Sethi (CNBC)Invest first or save? Here’s what to do with your money, says Ramit Sethi
DeAngelo Vehicle Sales reportedly said in court that Peterson only paid back $165,000.Not Adrian Peterson’s first loan gone bad
This isn’t the first time Peterson has had a court rule against him on a defaulted loan, as he was ordered to pay $2.4 million for a similar situation in 2014.
In that case, Peterson had reportedly owed $4 million to Democracy Capital Corp. in Maryland, but only paid back about $1.7 million. What’s more, Peterson’s loan from DVS in 2016 was reportedly used to pay back loans of nearly $3.2 million to Thrivest Specialty Funding, which his lawyer later described as “a pay day lender for professional athletes” and $1.34 million to Crown Bank.
Peterson was also reportedly ordered by a Minnesota court to pay $600,000 to Crown Bank.Adrian Peterson has made more than $100 million in his career
Over the course of his 14-season career, Peterson has earned a total of $102.8 million, according to Spotrac. As a well-known running back, he would have earned even more in endorsement deals.
Peterson would have had to pay plenty of that back in taxes, union dues, agent fees and, apparently, legal fees, but you would think he wouldn’t need pay day lenders to keep himself supported. Now, in the twilight years of his career, it’s not like his next deal will be able to cover a $8.3 million hole in his finances.
More from Yahoo Sports:
“In today’s world, money is like oxygen – lack of oxygen can kill you, so can too much of it.”
― Time to Save Medicine
For years, Adrian Peterson has dodged loan obligations with the effortless grace of Patches O’Houlihan. Overdue notices might as well have been coupon pamphlets for RadioShack because they always found their way in trash can of his $4.5 million palatial estate.
It’s now being reported that in the final step before what I’d assuming be bringing in the National Guard, the Detroit Lions running back—who’s earned over $100 million in salary alone over his career—has been ordered to pay almost $8.3 million in summary judgment to a Pennsylvania loan company after he defaulted in 2016, according to ESPN.
The timeline of this financial pickle is proof that I’ve never committed to anyone or anything the way Adrian Peterson committed to not paying his bills. God grant me this conviction:
March 1, 2017: Adrian Peterson’s $5.2 million loan from DeAngelo Vehicle Sales LLC (investment, not cars) has matured and the money is due in full.
He does not pay.
2018: DeAngelo Vehicle Sales asked for $6,546,448.32 in default lawsuit against Peterson, tacking on a 16% daily interest of $2,207.12 for ever single day he doesn’t pay. Every. Single. Day.
He does not pay. And the time it took for me to single-finger type this sentence, he already lost $35.37.
We break in the action to give you a glimpse of AP’s shanty.
Adrian Peterson Is Selling His 10,000 Sq Ft Texas Mansion For $6 Million https://t.co/PuGapvp3q1
— BroBible (@BroBible) July 21, 2017
2019: Peterson signs a settlement agreement which requires him to make $50,000 payments on Oct. 18 and Oct. 31 of 2019, a $2.25 million payment on Nov. 11, 2019, and then a final $25,000 payment within 10 days of signing with Washington for the 2020 season.
The entire settlement amount clocks in at $2,375,000, less than half of the initial loan amount.
The agreement stipulates that if AP does not pay, HE WILL HAVE TO PAY THE ENTIRE AMOUNT OF THE INITIAL LOAN PLUS INTEREST.
AP pays $165,000 of the initial agreement and nothing else.
January 13, 2021: A judge grants DeAngelo Vehicle Sales their shiny new asking price of $8,268,426.21, which includes the $2,207.12 interest he lunched on for two years. The 16% interest was reduced to 9% (New York State law).Adrian Peterson Child Abuse
Adrian Peterson is now required, by law, to pay a full $3 million American dollars more than the initial $5.2 million loan. Pretty big deal, huh? Welp, not for him.
The Same Day: Adrian Peterson did not appear in court and had NO ONE there representing him.Adrian Peterson Kids
And all along, AP’s nickname really meant ‘Accounts Payable.’ Who knew.Adrian Peterson Stats
Can someone tweet at him and let him know that he’s on the hook for three Scottie Pippen Bulls contracts? And it’s a different case from 2014. I would but I’m a coward and don’t want the switch.
Download here: http://gg.gg/uxfn3
https://diarynote.indered.space
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