Dave Portnoy Paid $1 to Buy Barstool Sports Back From Penn - Variety
Aug 9, 2023 · Dave Portnoy said he bought back Barstool Sports, the brash sports and pop-culture media company he founded, from Penn Entertainment for “pennies on the dollar.” In fact, Portnoy paid 100...
Dave Portnoy buys back Barstool Sports as ESPN strikes $1.5B ... - CBS News
Aug 9, 2023 · BOSTON – Dave Portnoy and Barstool Sports are no longer in the sportsbook industry. You know ESPN the sports media giant. Now brace yourself for ESPN Bet, a rebranding of an existing...
Penn Entertainment Sells Barstool Sports Back To Founder Dave Portnoy ...
Aug 8, 2023 · Pennsylvania-based PENN Entertainment initially bought a 36% stake in Portnoy’s Barstool Sports in a $163 million deal in 2019, and purchased the remainder of the company—known for its crass...
Barstool Sports founder Dave Portnoy paid $1 to buy back his …
Aug 9, 2023 · Barstool Sports founder Dave Portnoy paid $1 to buy back his media brand from Penn Entertainment (PENN), according to a regulatory filing published late Wednesday. The sale comes after Penn...
Penn Entertainment sells Barstool Sports back to founder Dave Portnoy
Aug 8, 2023 · David Portnoy, the founder of Barstool Sports, is once again the owner of his media brand, after buying it back from Penn Entertainment. Portnoy said in a post on Tuesday that Penn and...
Dave Portnoy Bought Back Barstool Sports for $1 - The Hollywood Reporter
Aug 9, 2023 · Just how much did Dave Portnoy pay to buy back Barstool Sports from Penn Entertainment? According to a new securities filing, Portnoy acquired the sports media brand he founded for just $1.
Barstool Sports Fully Acquired by Penn Entertainment - Variety
Feb 17, 2023 · Barstool founder Dave Portnoy had sold majority control of Barstool to Peter Chernin’s Chernin Group in 2016. That initial agreement included a path for Penn to establish full control and...
Dave Portnoy Paid Just $1 to Buy Barstool Sports Back
Aug 9, 2023 · Dave Portnoy Paid Just $1 to Buy Barstool Sports Back. Penn Entertainment essentially gives Barstool back to founder; Company expects to record a loss of up to $850 million
ESPN, PENN Entertainment strike $2 billion sports betting deal, Dave …
Aug 9, 2023 · As part of the announcement, PENN also said it sold Barstool Sports back to its founder, Dave Portnoy. PENN initially purchased a 36% stake in Barstool for $163 million back in 2019. And earlier...
Barstool Sports Founder Dave Portnoy Bought The Site Back For …
Aug 9, 2023 · Portnoy sold Barstool to PENN Entertainment in a two-part sale — the latter transaction having just closed in February of this year — for $551 million. Now, he gets this site back for just $1....