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Barstool Sports announces major investment - Penn Gaming
Posted on 1/29/20 at 9:37 am
Posted on 1/29/20 at 9:37 am
$163M for a 36% stake increasing to 50% with another 60M over 3 years...taking them to $450M valuation from $15M 3 years ago.
Pretty soon Larry Leo will be stealing content from a Billionaire!
Go Pres Go! Go Pres Go!
Pretty soon Larry Leo will be stealing content from a Billionaire!
Go Pres Go! Go Pres Go!
8
Posted on 1/29/20 at 9:38 am to DirtyMikeandtheBoys
He has all the coke money he needs now. Good for Portnoy.
Posted on 1/29/20 at 9:41 am to whitetiger1234
Cue the music.
Posted on 1/29/20 at 9:46 am to Janky
cue the duck boats
Posted on 1/29/20 at 10:17 am to DirtyMikeandtheBoys
BRICK
BY
BRICK
BY
BRICK
Posted on 1/29/20 at 10:22 am to DirtyMikeandtheBoys
His sex tape alone was worth 60 million
Posted on 1/29/20 at 10:30 am to oVo
This shite is so huge.
Portnoy "I have unlimited money now. We're going to be the biggest sports gambling company in the world. Then I want to buy a team. That's my next move I guess. I want to own a professional sports franchise"
Portnoy "I have unlimited money now. We're going to be the biggest sports gambling company in the world. Then I want to buy a team. That's my next move I guess. I want to own a professional sports franchise"
Posted on 1/29/20 at 10:33 am to DirtyMikeandtheBoys
That's wild. I thought people just liked Barstool when they were in college and then grew out of it. I guess the Ringer will be next.
Posted on 1/29/20 at 10:45 am to DirtyMikeandtheBoys
(no message)
This post was edited on 10/26/20 at 11:11 am
Posted on 1/29/20 at 10:49 am to DirtyMikeandtheBoys
I wonder how much big cat and PFT get in this. It’s crazy how they have gone from random dudes with funny takes to millionaires and where they are now.
Posted on 1/29/20 at 10:52 am to Dizz
Large was breaking it down...the guys on the wall...Dave, KFC, Big Cat, PFT, KMarko, Gaz collectively retain 28% of the company.
They're worth $126M now as a group of individuals! Also got preferred Penn National stock.
Dave said they're all millionaires now
They're worth $126M now as a group of individuals! Also got preferred Penn National stock.
Dave said they're all millionaires now
Posted on 1/29/20 at 11:29 am to Dizz
quote:
I wonder how much big cat and PFT get in this. It’s crazy how they have gone from random dudes with funny takes to millionaires and where they are now.
Well that and 1% of Joe Burrow's salary.
Posted on 1/29/20 at 11:33 am to DirtyMikeandtheBoys
Pres would be the goat sports owner
Posted on 1/29/20 at 12:39 pm to DirtyMikeandtheBoys
Don’t you mean investor?
Posted on 1/29/20 at 1:26 pm to Eric Nies Grind Time
I’ll listen to some PMT podcasts while driving, I know it’s not for everyone. They do a really good job at getting these athletes/celebrities to open up that you normally wouldn’t see in a traditional interview.
Posted on 1/29/20 at 1:28 pm to DirtyMikeandtheBoys
Your title is misleading....
It should read:
It should read:
quote:
Penn National Gaming to Buy Minority Stake in Barstool Sports
The casino operator to take 36% stake for $163 million in cash and stock
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