I’d Buy That For a Dollar

Front Office Sports

⁦‪@FOS‬⁩

Earlier this year, PENN completed its acquisition of Barstool Sports for $551 million.

Dave Portnoy bought it back for $1.

PENN will get 50% of any future Barstool sale — but Portnoy says he plans to die before he sells.

frontofficesports.com/dave-portnoy-i…

8/9/23, 4:54 PM

Front Office Sports

⁦‪@FOS‬⁩

Dave Portnoy bought back Barstool Sports for $1, according to a securities filing.

PENN Entertainment will record a loss of up to $850M on the deal.

The agreement includes “certain non-compete and other restrictive covenants,” and 50% of proceeds from any future Barstool sale.… pic.twitter.com/chksYcdqe5

8/9/23, 4:15 PM

I’d Clawback Barstool Sports For a Dollar

WordPress’d from my personal iPhone, 650-283-8008, number that Steve Jobs texted me on

https://www.YouTube.com/watch?v=ejeIz4EhoJ0

I’d Buy That For a Dollar

About Duck9

Awesome Brands