She accuses the former president of deceiving banks, insurers and others by giving them financial statements that massively inflated the values of his assets.When Donald Trump tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running, according to internal emails aired Tuesday at the former president's civil fraud trial.
Three months later, Trump offered $1 billion cash for the Bills, becoming one of three known finalists seeking to buy the team after the death of founder and Hall of Fame owner Ralph Wilson. The owners of the NHL’s Buffalo Sabres, Terry and Kim Pegula, ultimately bought the Bills for $1.4 billion. A group led by rock star Jon Bon Jovi had also been interested in acquiring the team.
Trump testified in the antitrust case that then-NFL Commissioner Pete Rozelle floated the idea that Trump could own an NFL franchise and urged him not to sue. Trump said Rozelle also unsuccessfully urged him to abandon plans to switch the USFL's season from spring to fall. The schedule change, which Trump spearheaded, pitted the USFL against the NFL and was widely blamed for the newer league's demise.
Throughout the sale process, Cohen insisted Trump was serious about his bid and his commitment to keeping the Bills in Buffalo. Cohen disputed reports that Trump didn’t have the financial resources to pull off the deal, claiming his then-boss was worth billions of dollars and pointing to his many properties as proof.
Trump has been fined again for a public accusation and even stormed out of the courtroom. Erica Byfield reports.
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