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Adrian Peterson is deep in debt after earning over $100 million during his career


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Posted

On Tuesday, The Athletic reported that Peterson was in debt and being sued in Pennsylvania for failing to pay back a $5.2 million loan. Following the news, his attorney Chase Carlson issued a statement, calling the dilemma "another situation of an athlete trusting the wrong people."

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Posted

Unlike some of his peers, Adrian Peterson had a knack for spending money – whether it was his or not. He even managed to get in trouble for allegedly using money from his charity to help fund a sex party

he definitely got his medadu in mokaallu....

Posted
35 minutes ago, r2d2 said:

he definitely got his medadu in mokaallu...

@3$%

Posted

he declared public bankruptcy to avoid something ..this is not right 

Posted

he made 100mill in his career.. still debts antey.. nijanga medhad in mokaal

Posted
9 minutes ago, chicchara said:

he made 100mill in his career.. still debts antey.. nijanga medhad in mokaal

If you give money to people who are not used to it, they will not know the value of it. 100 million or 100 billion it is the same thing to them. Reason why poor people and lower castes remain poor. 

Posted

1) Lack of competent financial planning advice

2) Some athletes feel obliged to provide financial support to family, extended family and friends

3) Divorce

4) No fall back career after Retirement

Close to 75% of NFL athletes go broke within 5 years of retirement

 

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