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.

• Adrian Peterson Latest
• Adrian Peterson Latest News
• Adrian Peterson Career Stats
• Adrian Peterson Children

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.

After four years and multiple price cuts, the Detroit Lions running back Adrian Peterson finally walked away from his swanky estate in The Woodlands, TX. The luxury property sold in early December. 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. 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. 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. 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.

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

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.

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)

Adrian Peterson Latest

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.

Adrian Peterson Latest News

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 Career Stats

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.

Adrian Peterson Children

More from Yahoo Sports: