Crown Bank Suing Adrian Peterson, Alleging Former Viking Defaulted on Loan

Former Vikings running back Adrian Peterson Photo: KSTP/ File
Former Vikings running back Adrian Peterson

October 11, 2017 11:11 AM

A lawsuit filed in Minneapolis says former Minnesota Vikings running back Adrian Peterson has defaulted on a $2.4 million loan.

Crown Bank alleges Peterson, who was traded by the New Orleans Saints to the Arizona Cardinals Tuesday, took out the loan in May of 2016, and that he was obligated to make monthly installment payments.

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The bank alleges Peterson defaulted five months later.

According to a document filed in conjunction with the lawsuit, Peterson allegedly paid the loan's balance down to roughly $594,567 after entering into a forbearance agreement with the bank.

Through the lawsuit, the bank claims Peterson now owes the balance plus interest, putting the total at $602,726. And that he should also be responsible for attorneys' fees and costs.

Peterson's attorney, Scott Zolke of Los Angeles, did not immediately respond to a request for comment on Peterson's behalf.

The Associated Press contributed to this report.

Credits

Rebecca Omastiak

Copyright 2017 - KSTP-TV, LLC A Hubbard Broadcasting Company

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