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.
