Adrian Peterson's financial advisor came forward Tuesday to reveal that a large percentage of Peterson’s debt we learned of in July has been attributed to an unwise investment in the ever popular 90's toy franchise, "Beanie Babies". The mounting debts have led to legal issues and owing "millions". Peterson or “AD”, is the highest paid running back in NFL history earning close to $100.2 million throughout his playing career alone, not to mention having additional sources of income from sponsorships and advertising.
“You know I just saw how happy my son got when I gave him a Beanie Baby instead of whipping him with a tree branch, and I just thought how could this fail?” said Peterson.
When Redskins head coach Jay Gruden was asked for comment, he seemed relieved the story had finally broken and revealed the true reason why a healthy Peterson didn’t play in week 1. “I’m actually glad this story is finally out there. I found out about it a couple weeks ago and once I did, I felt strongly that I could no longer trust that grown man’s judgement.” This was Peterson’s first healthy scratch of his career, and likely not his last. When asked why he waited to reveal this information, Gruden stated “I just didn’t want to embarrass the guy, I mean… beanie babies?”
Sources close to Peterson say his near $50 million investment is worth approximately $7 at this time, yet Peterson still defends his personal business acumen. “Look, I know a good investment when I see one and I know a bad investment when I see one. I had an opportunity to invest in Netflix early in my career, but turned it down because that company seemed like a guaranteed failure. You just watch. They’re going to be out of business any day now,” Peterson said with a sweaty brow.
When former Beanie Babies CEO H. Ty Warner was asked for comment he claimed,
“We tried to inform Mr. Peterson that we were no longer in business, but he insisted on giving us the $50M. Ultimately, we accepted his money and donated it to a charity that helps people with failed businesses.”
