 On August 23, 1991, after the second and final day of his re-sentencing hearing, the court reduced Bakker's original 45-year sentence to 18 years, five of which he actually served before being released.In February 2009, Atlanta, Georgia investment-banker Ben Dyer announced his intention to auction off over 15,000 hours of videotaped episodes of "The PTL Club" on March 27, 2009.A friend of Jim Bakker's purchased the programs.