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According to a report from The Athletic, Peterson is being sued in Pennsylvania for failing to repay a staggering $5.2 million in loans. In addition, he faces two other legal matters requiring him to pay a total of $3 million to creditors, which includes an outstanding $600,000 from a $2.4 million loan from a Minnesota bank. Peterson's attorney has commented that the narrative surrounding his financial situation is more complex than has been reported, emphasizing a recurring theme of athletes being exploited by those they trust.