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call me goat
| Favorite team: | |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | Day trading savant |
| Number of Posts: | 24 |
| Registered on: | 8/6/2023 |
| Online Status: | Not Online |
Recent Posts
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re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 11:00 pm
[quote]The woke states wouldn't approve PENN because they were associated with "racist/misogynist" Portnoy.
PENN CEO said so today on CNBC, although not as bluntly.
This has been public knowledge all along even before the ESPN deal was a thing. This isn’t some breaking news [/quote]
No sh...
0
re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:58 pm
[quote]The woke states wouldn't approve PENN because they were associated with "racist/misogynist" Portnoy.
Which states?[/quote]
He didn't say which states.
PENN CEO said that PENN being associated with Barstool made it difficult to get into certain states, because Barstool/Portnoy are so ...
re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:48 pm
[quote]Do you not realize their exposure with ESPN would be 100x that of Barstool regardless of getting approval in all legalized states? There would be no point to keeping sinking money into Barstool when you can put everything into ESPN, something that will actually be profitable[/quote]
They s...
re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:34 pm
[quote]Yeah, and that had nothing to do with Disney[/quote]
Good God you're stupid.
Disney would not do the deal unless they rid themselves of Barstool & Portnoy because them being controversial was making it difficult to get approval from the left woke PC states.
They could have still used...
re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:23 pm
[quote][b]I don’t think Disney really cared about Dave[/b]. Penn just knew they had a lot better opportunity with ESPN. Barstool is pretty niche. And even the biggest Barstool fans didn’t use the sportsbook app cuz it sucked arse[/quote]
Wrong.
Penn CEO Snowden on CNBC today said that Portnoy/B...
re: Did Portnoy pay anything to get Barstool back?
Posted by call me goat on 8/9/23 at 10:18 pm
They sold it back for one dollar...
re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:17 pm
[quote]Breaking…[/quote]
Was that sarcasm?
Because the purchase price is breaking news, it was just released.
I assumed they sold it back for a song, but one dollar ?
...
re: PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:11 pm
Yes, he still has PENN stock.
If he ever sells Barstool he has to give half of the sale to PENN.
He says he's never selling.
So he keeps the money he made from selling Barstool to Penn.
Keeps his Penn stock.
Now owns 100 percent of Barstool and all of the profits from Barstool going forwa...
PENN spent $551 million to purchase Barstool. Sold it back to Dave Portnoy for One Dollar.
Posted by call me goat on 8/9/23 at 10:03 pm
[link=(https://www.thedailybeast.com/dave-portnoy-got-one-hell-of-a-deal-on-his-re-acquisition-of-barstool)]Deal of the Century[/link]...
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