Redskins’ Adrian Peterson in arbitration with Morgan Stanley in latest money dustup

Last year, a lender sued Washington Redskins running back Adrian Peterson for allegedly not repaying a loan totaling $6.6 million plus interest, drawing renewed scrutiny to athletes who lose their money. Carlson, who represents athletes who allege they were defrauded, said in a statement July after The Athletic first reported a third lender had sued Peterson, “The truth behind Adrian Peterson’s current financial situation is more than is being reported at this time. One source said he is seeing many arbitrations like Peterson’s because there are so many cases of athletes losing money, justly or unjustly. “It’s probably, let’s try anything we can to get some of this money back.” Athletes and others might prefer litigation, but terms of their investment contracts require arbitration.