- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Did Portnoy pay anything to get Barstool back?
Posted on 8/10/23 at 8:44 am to call me goat
Posted on 8/10/23 at 8:44 am to call me goat
If I was a board member, I would be calling for the CEO’s head. PENN paid $550mm for Barstool and sold it back for $1 plus future considerations. They are taking an $850mm mark down on the deal. All this for a company with a market cap at $4B.
Penn also just got a downgrade from analyst this morning who doubts they can get the 20% market share that they think they can achieve with the ESPN deal.
Penn also just got a downgrade from analyst this morning who doubts they can get the 20% market share that they think they can achieve with the ESPN deal.
This post was edited on 8/10/23 at 9:08 am
1
Posted on 8/10/23 at 9:06 am to mule74
quote:
They just got a downgrade from analyst this morning who doubts they can get the 20% market share that they think they can achieve with the ESPN deal.
Why would they think 20%? That’s a very high number, only FanDuel and DraftKings have that.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News