Donald Trump Tried To Purchase Buffalo Bills By Inflating Net Worth: Report

BYAlexander Cole4.2K Views
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Donald Trump
Michael Cohen is spilling all the tea.

President Donald Trump has made his fair share of news headlines since entering the Oval Office, with many of them having parallels to the sports world. As of right now, his former lawyer Michael Cohen is testifying in front of Congress and as part of it, Cohen has decided to release President Trump's financial information between 2011 and 2013. This is important as it ties into how he tried to purchase the Buffalo Bills back in 2014. According to Cohen, Trump inflated his net worth by $4 billion, almost double what it actually was.

"I’m giving the Committee three years of President Trump’s financial statements, from 2011-2013, which he gave to Deutsche Bank to inquire about a loan to buy the Buffalo Bills and to Forbes," Cohen said according to Sports Illustrated. "It was my experience that Mr. Trump inflated his total assets when it served his purposes."

In 2011 and 2012, the President was worth roughly $4.5 billion, but in 2013, that number jumped up to $8.6 billion, a figure that Cohen claims simply isn't accurate. 

Terry Pegula eventually bought the team for $1.4 billion. As you can see from the tweets above, President Trump was upset that he didn't win the bidding war and even claimed that he would have turned the Bills into a winning franchise.

Last year the Bills went 6-10, missed the playoffs, and finished third in the AFC East.


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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