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Yahoo
23-07-2025
- Business
- Yahoo
Cole McBee Makes a Shocking Claim About His Family's Finances: "We Might Lose the Farm"
The first day of harvest arrived on The McBee Dynasty: Real American Cowboys, providing the family business with a much-needed money-making opportunity. As seen in Season 2, Episode 4, however, things quickly took an unexpected turn when Cole McBee "hit another tractor," as he admitted in a confessional, while harvesting a cornfield. "This is not good. This is a bad deal," he said. "We need every single combine working because we have to get this grain out of the fields and sold." The reason? "We've got $6 million that's due to get our debt paid off, or we might lose the farm." RELATED: Steven McBee Jr. Threatens To Fire Galyna in Shocking Confrontation: "Business Is Going to Hell" Cole's older brother, Steven McBee Jr., whom their father Steven McBee Sr. left in charge of the Missouri-based company, was on site to witness the mishap, noting that they had "two dead combines in the field and a bunch of corn to cut." In a confessional, he added, "Cole is constantly complaining to me to let him have some more power and authority within the farm. And I love my brother; he's a hard worker. But this is exactly why he's not in charge of the farm." Inside the McBee family's debt and financial drama On The McBee Dynasty's Season 2 premiere, Steven Jr. previously confessed, "In the financial state of the farm, we're leveraged out," adding that they have "close to $70 million in debt." The expenses he listed included: payroll, a meat facility, seed and fertilizer, a fulfillment center, vehicles, fuel, equipment repair, cattle feed, utilities, insurance, cattle medicine, and attorneys. "It keeps me up at night," he said. "We could lose our entire company immediately." He and Cole disagreed on how to tackle the debt, however. RELATED: McBee Brothers Almost Throw Down Over a Secret Lease & $6 Million Dues: "Just Went Rogue!" (WATCH) Earlier in the season, Steven Jr. was livid that Cole "went rogue" and secretly signed a farm lease behind his back. Reminding him of the $6 million that was due in just over a month, he angrily asked, "You think you're the f--king boss? You wanna start signing every single check and see how tight things are? You wanna start talking to the banks?" Whereas Cole saw the "damn good lease" as an opportunity to pay down the McBee Farm & Cattle Co.'s debt via crop production, Steven Jr. believed that their ticket to financial freedom was in livestock. He even began working on a lucrative partnership with a popular Kansas City barbeque joint when CFO Galyna Saltkovska went AWOL. After all, as he saw it, the reason the McBees were in financial trouble in the first place partially stemmed from Missouri's unpredictable weather undercutting their crop-production revenue. Nevertheless, Cole refused to "get screamed at" while "just doing what's right for the farm," telling producers, "Steven is just so convinced there's no money in [crops] when I think our best years are yet to come." How Steven McBee Sr.'s legal issues impacted the family's finances Further complicating matter was that fact that their father, Steven Sr., was under FBI investigation at the time. In November 2024, Steven Sr. pleaded guilty to one count of federal crop insurance fraud, thereby admitting "that he engaged in fraudulent activity from 2018 to 2020 that caused an economic loss to the U.S. Department of Agriculture," according to a statement from the U.S. Attorney's Office in the Western District of Missouri. Related: Inside Steven McBee & the McBee Farm & Cattle Co.'s Legal Issues Steven had reportedly submitted fraudulent documents underreporting his corn crop and soybean crop totals in 2018, resulting in him receiving more than a combined $3 million in federal crop insurance subsidies and federal crop insurance premium subsidies. In addition to facing up to 30 years in federal prison without parole, he has to pay back the government more than $3 million. Steven's sentencing is currently scheduled for September 9, 2025, according to DTN. Get more with Bravo Insider Sign up for Bravo Insider and read behind-the-scenes features including: Summer House Cast Reveals Behind-the-Scenes Filming Secrets (Including Those Mystery Packages) Real Housewives on Vacation: The Delicate Science Behind Group Trip Room Assignments Porsha Williams Details Journey From "Innocent" RHOA Newbie to "Supernova" on Season 16 From "Friend of" to Full-Time Real Housewife: Keiarna & Shamea Tell All Get more detail about the McBee family's legal and financial issues here. Solve the daily Crossword
New York Post
27-06-2025
- Entertainment
- New York Post
'McBee Dynasty' cowboys say dad's 'difficult' legal woes brought family 'closer'
Saddle up. Season 2 of the reality series 'The McBee Dynasty: Real American Cowboys' premieres Monday, June 30 (9 p.m. on Bravo), bringing back brothers Steven McBee Jr, Jesse McBee, and Cole McBee as they preside over their multimillion-dollar family business, McBee Farm and Cattle Co, deal with relationship issues, and their father's legal drama. 'Before we even started doing this reality show, 'Yellowstone' came out a few years prior to it. And we had people coming up to us saying, 'You guys are literally 'Yellowstone.' You should have your own reality show!' Cole exclusively told The Post. Advertisement 15 The McBee family in Season 2 of 'The McBee Dynasty: Real American Cowboys.' Bravo Media 15 Steven McBee Jr. Stephanie Diani/Bravo Steven Jr. added that he finds the hit Kevin Costner cowboy drama – which ended in December – 'very accurate, as far as waking up every single day to the external pressures.' Advertisement He explained, 'It feels like you're fighting so many forces. You're fighting Mother Nature, you're fighting the government, you are fighting the locals. You're just fighting the unexpected on any given day. That's how it is, on a real farm and ranch.' Their father, Steve McBee, was in Season 1 (which aired on Peacock before the show moved to Bravo), but he's not in Season 2 amid his legal drama. In November of 2024, he pleaded guilty in a multimillion-dollar crop insurance fraud case, for which he could face up to 30 years in prison. 15 Jesse McBee in 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo 'It is a real-life situation that we were dealing with throughout filming season two. Obviously, right now, we're still dealing with it,' Steven Jr. exclusively told The Post. Advertisement Steven Jr., who also appeared on Fox's 'Joe Millionaire: For Richer or Poorer,' added that his dad's legal woes have 'made us come together closer as a family.' He explained that they try not to pay attention to negative comments on social media because those people 'have never interacted with us.' Steven Jr. said, 'Anyone who knows us on a personal or professional level sees how hard we work, sees the real businesses, the real jobs that we provide.' 15 Steven McBee Jr. and Calah Jackson in 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo Advertisement 15 Jesse McBee in 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo Regarding his father, he said, 'Yes, we're dealing with that, and yes, it is a really difficult situation. But, we're going to focus on the good, positive things that are going on.' Season 2 also covers the brothers' personal lives. Steven Jr., has a rocky relationship with his girlfriend Calah Jackson, Cole is expecting a baby with girlfriend Kacie Adkison, and Jesse is getting ready to marry Alli Ventresca (they've since tied the knot, but it hadn't happened yet when Season 2 was filmed). Jesse told The Post, 'We work all day, and then in the evenings, we eat dinner together and we hang out together. So if there's a fight going on between the girls, it affects us in our relationship as brothers.' 15 Their father, Steve McBee, in Season 1. Paul Andrews/PEACOCK via Getty Images The population of Gallatin, Missouri is under 2,000 – and the show covers how that can be difficult for a woman dating a McBee brother. 'I love it up here. I love where I live. It's not for everybody,' said Cole. He added, 'I don't think it's in the middle of nowhere. Some people say it is. For the girls, our girlfriends and wives, I see it's a little harder for them. They don't have as much to do. There's not a lot of jobs to find. There's shopping an hour and a half away.' Advertisement 15 Kristi McBee, Kacie Adkison and Cole McBee. Paul Andrews/Bravo 15 Cole McBee in 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo 15 Cole McBee and Kacie Adkison in 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo Since their father is no longer on the show, their mother, Kristi, is now part of 'The McBee Dynasty' in Season 2. Advertisement Steven Jr. explained that she wasn't in Season 1 because she's 'a private person.' 'And it was a little bit sad to see comments come in, like, 'Where's the mom? Do they not have a good relationship with their mom?' We are very close with our mom. And so, we're extremely excited to get to showcase that in Season 2 and get to introduce our mom to the world.' 15 Kristi McBee in Season 2. Paul Andrews/Bravo 15 Calah Jackson and Steven McBee Jr in 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo Advertisement 15 Calah Jackson in 'The McBee Dynasty: Real American Cowboys.' Stephanie Diani/Bravo Cowboys are all the rage at the moment in pop culture, between 'The McBee Dynasty,' the popular 'Yellowstone' universe continuing with spinoff shows, Beyonce doing a country album, and even cowboy fashion. Steven Jr. quipped, 'We're finally on the leading edge of fashion, for once in our lives! We've been wearing Carhartts, blue jeans, boots, and cowboy hats for decades now. And they seem to have come back around and become popular here in the last three, four, or five years.' Cole added that they don't feel exclusionary over who gets to join in on the trend. Advertisement 'I want everybody to get involved with it. It's a fun culture. It's a fun lifestyle.' 15 Jesse McBee on 'The McBee Dynasty: Real American Cowboys.' Stephanie Diani/Bravo 15 Alli Ventresca in 'The McBee Dynasty: Real American Cowboys.' Stephanie Diani/Bravo 15 Steven McBee Jr and Brayden McBee on 'The McBee Dynasty: Real American Cowboys.' Paul Andrews/Bravo Jesse explained that he wouldn't say the brothers are 'the most cowboy out there,' but 'anybody who wants to get into the cowboy lifestyle or the farming style, ranch style, are more than open to, do it. I'll never understand why people are against people trying to learn about it or go out there and buy a cowboy hat for the first time.' He said, 'We're all for it…the more, the merrier.'
