Adrian Peterson is being sued by a Pennsylvania lender for allegedly defaulting on a $5.2 million loan, and his attorney issued a statement to address the situation.
“The truth behind Adrian Peterson’s current financial situation is more than is being reported at this time. Because of ongoing legal matters, I am unable to go into detail, but I will say this is yet another instance of an athlete trusting the wrong people and being taken advantage of by those he trusted. Adrian and his family look forward to sharing further details when appropriate.”
According to Kaplan’s report, Peterson used the $5.2 million loan to pay off other debts, including one to a “pay-day lender.” Furthermore, that $5.2 million sum has ballooned to $6.6 million after interest accrued, along with his legal fees, per the report.