TIL Dave Portnoy sold his company for $550 million and bought it back for $1 six months later - Upgoat

TIL Dave Portnoy sold his company for $550 million and bought it back for $1 six months later
submitted by Niggly_Puff to whatever 2 daysJun 5, 2025 04:46:13 ago (+17/-0) (whatever)

It's a big club and you ain't in it.

20 comments block

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[ - ] DukeofRaul 4 points 2 daysJun 5, 2025 04:48:01 ago (+4/-0)

Sounds shady

[ - ] xmasskull 6 points 2 daysJun 5, 2025 05:44:45 ago (+6/-0)

Tax skam, zero doubt.

[ - ] bobdole9 4 points 2 daysJun 5, 2025 07:10:26 ago (+4/-0)

Barstool Sports was sold back to its founder, Dave Portnoy, for $1 from Penn Entertainment in August 2023. Penn Entertainment had previously acquired Barstool Sports in two transactions totaling $551 million, but decided to sell it back due to regulatory issues and a new deal with ESPN to rebrand their sportsbook. As part of the agreement, Penn Entertainment retains the right to receive 50% of the proceeds if Portnoy ever sells or monetizes Barstool in the future.

[ + ] CHIRO

[ - ] CHIRO 7 points 2 daysJun 5, 2025 10:24:04 ago (+7/-0)

And the main stakeholders in Penn Entertainment are Blackrock and Vanguard. Go figure. It really is like that old picture of the jew octopus with its tentacles stretching around earth.

[ - ] FreeinTX 5 points 2 daysJun 5, 2025 07:37:20 ago (+5/-0)

And that makes him the decider on what is and what isn't "anti-semuhtizm" and who should be destroyed for doing it.

Nigga, Heil Hitler.

[ - ] HeyJames 7 points 2 daysJun 5, 2025 08:41:13 ago (+7/-0)

The (((gambling conglomerate))) that bought his company needed a write off, so they decided to enrich a tribe member instead of paying taxes

[ - ] Panic 2 points 2 daysJun 5, 2025 09:11:53 ago (+2/-0)

https://files.catbox.moe/mroaso.jpg

[ - ] Swej_Ehtsag 3 points 2 daysJun 5, 2025 09:58:46 ago (+3/-0)

Besides yet another jew grifter with an inflated ego, who exactly is this Kike? I'd never heard of him before the other day.

[ + ] Her0n

[ - ] Her0n 2 points 2 daysJun 5, 2025 10:02:52 ago (+2/-0)

That's it, you know all of it already.

He's a kike lolcow

[ - ] lolxd 1 point 1 dayJun 5, 2025 12:59:18 ago (+1/-0)

Dave Portgoy is a sportsball grifter. Nothing else.

[ + ] Spaceman84

[ - ] Spaceman84 0 points 1 dayJun 5, 2025 15:18:14 ago (+0/-0)

His pizza reviews are terrible. Oozing with kike arrogance.

[ + ] lolxd

[ - ] lolxd 0 points 1 dayJun 6, 2025 00:00:34 ago (+0/-0)

He called a bacon pizza too bacony. He's a faggot.

[ - ] shitface9000 1 point 1 dayJun 5, 2025 13:12:47 ago (+1/-0)

social media platform Bebo did the same type of thing. sold the company to AOL for $800M, bought it back for $1M five years later. https://en.wikipedia.org/wiki/Bebo

[ - ] Smedleys_Butler 0 points 1 dayJun 5, 2025 17:42:17 ago (+0/-0)

What's the name of that loan Jews get that sounds like Helter skelter

[ + ] PostWallHelena

[ - ] PostWallHelena 0 points 1 dayJun 5, 2025 19:24:01 ago (+0/-0)

I can’t remember. Where’ve you been lately?

[ + ] Smedleys_Butler

[ - ] Smedleys_Butler 1 point 19 hoursJun 6, 2025 16:34:27 ago (+1/-0)

Oh just need a break from the information age sometimes.

[ + ] PostWallHelena

[ - ] PostWallHelena 0 points 19 hoursJun 6, 2025 17:07:58 ago (+0/-0)

Glad you are ok.

[ + ] Smedleys_Butler