News

Peterson Accused Of Defaulting

Peterson Accused Of Defaulting

Photo: clipart.com


A lawsuit filed in Minneapolis accuses former Minnesota Vikings running back Adrian Peterson of defaulting on a $2.4 million loan.

Crown Bank says Peterson, who was traded by the New Orleans Saints to the Arizona Cardinals on Tuesday, took out the loan in May 2016 and defaulted five months later. The Star Tribune reports that Peterson eventually brought the balance down to $594,000 after entering into a forbearance agreement with the Minneapolis bank. The lawsuit filed Tuesday in Hennepin County Court says Peterson failed to meet the bank’s demands and must pay the balance, plus interest. It does not specify the purpose of the loan.

Peterson’s attorney, Scott Zolke, of Los Angeles, did not immediately return a call seeking comment on Peterson’s behalf.

The four-time All-Pro and seven-time Pro Bowl selection was drafted by the Vikings seventh overall in the 2007 NFL draft.

Recent Headlines

16 hours ago in Local

NORTHWESTERN ENERGY PLANS SECOND NATURAL GAS PLANT IN ABERDEEN AS ELECTRICITY DEMAND GROWS

ABERDEEN, S.D. (Makenzie Huber / South Dakota Searchlight) – NorthWestern Energy is planning to build a second natural gas plant to…

16 hours ago in Local

CANDIDATES COULD PAY THEIR WAY ONTO BALLOT UNDER IDEA PROPOSED BY SOUTH DAKOTA’S TOP ELECTION OFFICIAL

PIERRE, S.D. (Joshua Haiar / South Dakota Searchlight) – South Dakota’s top election official floated potential legislation Tuesday that would allow…

16 hours ago in Local

GOVERNOR LARRY RHODEN ANNOUNCES BID FOR RE-ELECTION

RAPID CITY, S.D. (KOTA) – Governor Larry Rhoden announced his bid for re-election on Tuesday. The Governor stood before his…

2 days ago in Local

REMAINDER OF SNAP PAYMENTS TO BE ISSUED THIS WEEK IN SOUTH DAKOTA

PIERRE, S.D. – The South Dakota Department of Social Services will be issuing the remainder of November SNAP benefits this week.…

2 days ago in Local

SUSPECTED OVERDOSE DEATH OF INMATE UNDER INVESTIGATION

SPRINGFIELD, S.D. – Attorney General Marty Jackley says the South Dakota Division of Criminal Investigation is investigating a suspected drug overdose…