Donald Trump Has To Give Back Signed Tim Tebow Helmet As Part Of Settlement

BYAlexander Cole1.8K Views
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Donald Trump
Donald Trump has to give up the Tim Tebow memorabilia he bought for charity.

Tim Tebow didn't last long in the NFL but when he made his run with the Denver Broncos in 2012, Tebowmania swept the nation. The young quarterback even caught the eye of President Donald Trump, who purchased a signed Tebow helmet and jersey for $12,000 at a charity auction. Now the President is being asked to give back the memorabilia since the Donald J. Trump Foundation is shutting down, according to Deadspin. 

David Fahrenthold of the Washington Post reported that the President didn't pay for the memorabilia himself, but instead used his non-profit foundation to buy the gear. These allegations have led to an investigation which had the President agree to shut down his foundation. New York Attorney General Barbara Underwood announced a settlement, alleging that “the Foundation was little more than a checkbook for payments to not-for-profits from Mr. Trump or the Trump Organization.”

The lawsuit against Trump is ongoing, but as part of the settlement, he has to distribute all of his assets to real charities. This means that he has to give up his Tebow gear. At the time of purchasing the gear, Tebow was at the height of his popularity but now that Tebow is far removed from the game, the items are worth $875 according to tax filings.

Donald Trump Has To Give Back Signed Tim Tebow Helmet As Part Of Settlement
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About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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