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Report: Peterson leaves marketing agent

  • Blog Post by:
  • June 21, 2010 - 9:32 AM

Adrian Peterson apparently feels it's time for a change -- at least when it comes to the people who market him off the field.

The Vikings running back has parted company with marketing agent Bill Henkel and told Henkel in an e-mail that he plans to sign with CAA for sports marketing, according to the Sports Business Journal. Henkel's company, 10 Sports Marketing, has represented Peterson since he was drafted in 2007.

Peterson, though, has decided to have all of his representation come from under one roof. Ben Dogra of CAA Sports has served as Peterson's agent in contract negotiations since he came into the league. 

Henkel sent a statement to Sports Business Journal that read: "I have a great deal of respect for Adrian the Athlete and even more admiration for Adrian the Person. I am proud of the work we accomplished together over the past few years, and to me he will always personify a successful yet challenging period of my professional life. Although there are aspects of working with Adrian the Businessman that I will not miss, I will be forever grateful for AD's steadfast trust and faith in me throughout our relationship."

Peterson recently made news when he decided to skip the Vikings three-day minicamp so he could attend "Adrian Peterson Day" in Palestine, Texas. Coach Brad Childress made it clear he wasn't happy with Peterson's decision and Peterson left himself open to a fine by missing the camp.

Meanwhile, Sports Business Journal also is reporting that the Vikings last week closed a new $135 million loan that refinances the acquisition debt that owner Zygi Wilf incurred to buy the franchise in 2005. 

According to SBJ, the Vikings borrowed $175 million five years ago, so this new loan at $135 million means the team has paid $40 million of the initial amount. A source told the publication that the new agreement requires more of the principal to be paid, or amortized. Sources told SBJ that the fact the Vikings have not gotten a new stadium was not a big concern in structuring this deal in large part because of the NFL's strength.

 

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