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1.
To have been made an offer which one cannot refuse.
I didn't want to go pick up the pizza, but my friend Godfathered me, by saying he would pay for the pizza if I drove.

I was hesitant to trade Ray Rice, but he Godfathered me, offering me Arian Foster and a WR.
by Big Philly T June 26, 2012
 
2.
Upon waking, you find that someone has shat in your bed. But, you woke-up alone.
Oh my god! I've been godfathered!
by blanket bunny November 05, 2013