This is a coffee mug made by Applause. The mug is from their VIP Collection and is item number 54407 "Teddie Tie Mug".
It says, "You're A Class Act" along the inside rim with a tie and collared shirt on the outside. The tie features various sports symbols like golf, football, and tennis.
The mug measures 4" tall and 5" including the handle, and it is 3.25" in diameter.
This mug is new in the original box.