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ABC agreed to direct $15 million to Trump's future presidential library

Reporting and findings

  1. settled

    ABC agreed to pay $15 million toward Donald Trump's future presidential library and $1 million in his legal fees to settle his defamation lawsuit.

Summary and current status

ABC's defamation settlement also required $1 million in Trump's legal fees and an editor's note expressing regret.

Settlement executed

People and organizations

Relationships in this file

  1. Donald J. Trumpsecured media settlement for future presidential libraryTrump v. American Broadcasting Companies defamation settlement

Money trail

  1. feeABC payment toward Trump's legal fees$1 million
    Committed fee payer / source
    ABC News
    Committed fee recipient
    Law firm of Trump attorney Alejandro Brito
    committed · 2024-12-13 · observedRead source record
    Calculation detailsPopulation Legal-fee component payable to the law firm of Donald Trump's attorney Alejandro BritoPeriod 2024-12-13 to 2024-12-13Basis Legal-fee component of the executed settlement reported by the Associated Press.Limits The settlement establishes ABC's payment obligation, not how the law firm subsequently allocated or spent the fee.
  2. paymentABC presidential-library settlement allocation$15 million
    Committed by / source
    ABC News
    Committed to
    Escrow for a future Trump presidential-library nonprofit
    committed · 2024-12-13 · observedRead source record
    Calculation detailsPopulation Charitable-contribution component earmarked for a nonprofit connected to Donald Trump's future presidential libraryPeriod 2024-12-13 to 2024-12-13Basis Library component of the executed settlement reported by the Associated Press; the separate legal-fee component remains distinct.Limits The agreement required transfer to counsel-managed escrow for an intended future nonprofit; later nonprofit formation, disbursement, and spending are unverified.