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Sweet Freedom will be given to Florida-based organization AMI Kids, which helps troubled youth.
Cook says a decision about the vessel's future was finally reached after the latest round of negotiations this week with his supermodel ex-wife.
“He couldn’t seem to keep his hands off her,” said an onlooker.
"We are disposing of the boat and giving it to charity," he said.
"Hopefully before the end of next week."Cook says the boat was a 40th-birthday gift from the Uptown Girl, but she denies it.
The couple was seen closely eyeing some pricey bling in a couple of major jewelry stores — especially major diamond baubles that could only be described as the kind usually slipped on a woman’s left-hand ring finger. (read more)According to some insiders, they'll soon be engaged. Rumor Explodes on Twitter Naturally, the Sun-Times’ article sent Facebook and Twitter into a frenzy.
The newspaper also added that people who claim to be close to the couple are “convinced” an engagement is inevitable. Fans were simultaneously mourning and celebrating the news. Many other fans were crushed because they hoped to marry him...
"I didn't know if I could keep it all together …