Ted DiBiase nonprofit got over $2 million from state of Mississippi

"Million Dollar Man" Ted DiBiase in his wrestling heyday

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The state of Mississippi doled out more than $2.1 million in welfare to a religious and wrestling nonprofit run by former professional wrestler Ted DiBiase Sr., state records show.  

DiBiase, who as a wrestler dubbed “The Million Dollar Man” wore a golden championship belt adorned with dollar signs, later turned to preaching and formed a nonprofit in Mississippi called Heart of David Ministries.

Heart of David Ministries had relatively meager funds until DiBiase’s son was hired as deputy administrator at the Mississippi Department of Human Services in early 2017. Both DiBiase’s son Brett and the director who hired him were indicted last week as part of a massive alleged embezzlement scheme that also involved welfare money.

Heart of David Ministries — which received as much as $900,000 one year from the Mississippi Department of Human Services — describes its central mission in nonprofit filings as “religious education & training.” It reported spending its 2017 grant money on “general church speaking engagements, religious conferences, school assemblies, and wrestling events.” 

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