$476G sale of guns to NRA by star
Tom Selleck nabbed nearly half a million dollars in a quiet gun sale to the National Rifle Association last year that wasn’t blessed by the nonprofit’s board beforehand, according to a new report.
The “Magnum, P.I.” and “Blue Bloods” star was paid $476,000 for 17 “collectible firearms” sold to the NRA in 2018 while he was still a director of the gun lobby, the Wall Street Journal revealed Tuesday.
The guns were “acquired for resale or other use in NRA fund-raising efforts,” board meeting minutes obtained by the newspaper said.
While the deal should have been preapproved according to regulatory guidelines, the minutes show the transaction had to be retroactively authorized by the board’s audit committee about a year later, in April 2019, the paper reported.
Selleck, 74, was an unpaid member of the NRA board at the time of the sale but resigned a short time later, in September 2018, citing his work schedule.
Reps for the actor (inset) did not immediately respond to requests for comment from the Daily News Tuesday.
“It was Mr. Selleck’s understanding that, upon acquisition of the firearms, the NRA would auction them off as a fundraiser for the organization,” his lawyer told the Journal.
“Mr. Selleck does not believe he made any profit from the sale of the collectibles,” the lawyer said. “If he did, it was negligible.”
The arrangement was “properly documented, and as far as Mr. Selleck was aware, approved by the board,” the lawyer said.
The deal that enabled Selleck to offload his collection was uncovered amid an ongoing probe of the NRA by New York State Attorney General Letitia James.
Directors of nonprofits are expected to avoid any self-dealing transactions that enrich them or their family members while they help govern an organization.