That’s a lot of value to give away for nothing.

_________________

My favorite part is PENN being like "If you sell it, we get 50%" but not wanting anything to do with anything else. If it goes out of business they won't even notice.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

that bar is about as much their bar as Ditka's belonged to Ditka

I have never once gone or heard anyone who has gone.

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

so, barstool is now independent and Penn is associated with ESPN?

why didn't ESPN buy up the whole lot?

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

Regulators were fucking with Penn’s gaming licenses because they didn’t like Barstool and/or Dave Portnoy specifically.

Penn needed to launch the brand to get the sports gambling business it thought Barstool would deliver.

_________________

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

So if Portnoy turns around (and 180s what he said yesterday) and sells Barstool to someone for say $500M, he pockets another $250M and Penn only loses $300M instead of 551.

Fucking brilliant.

_________________
Not a mult.

Why wouldn't Penn sell them to someone else? Did their purchase contract prohibit that?

That’s the $1 question.

If blogs and ironic merch are so valuable, why hand them back to their prior owner?

_________________

I imagine Penn doesn't want Barstool to jump right back in with another gambling partner. The issues with the Barstool Sportsbook (terrible odds, worst promos, and a bad UI) are issues that are not going to go away with the ESPN rebrand, unless Penn actually invests in their technology this time. If Penn is willing to invest in their tech and rebuild the app from scratch, they might make something that is more user friendly.

_________________
“When I walked in this morning, and saw the flag was at half mast, I thought 'alright another bureaucrat ate it.'" - Ron Swanson

I like how you consider PENN to be a genius company when they bought Barstool but now they are incredibly stupid and incompetent because they got rid of Barstool for free unless Portnoy sells it.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I mean I had already sold my stock 2 years ago when it was still in the $70s

The Sportsbook was underwhelming and that made my decision for me.

_________________
“When I walked in this morning, and saw the flag was at half mast, I thought 'alright another bureaucrat ate it.'" - Ron Swanson

Think non competes and covenants not to compete with them going forward.

_________________

Portnoy seems (?) to confirm here that Barstool loses money.

_________________

Kudos to you. You were right, I was dead wrong.

_________________
Wattabout Kodak Black?

Maybe the Score IS losing money. I've been pretty adamant they are a money maker in a bankrupt company

_________________
Wattabout Kodak Black?

Barstool Is Doomed.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

The people crave JackMac

_________________

Go woke, go broke AMIRITE!

_________________

Barstool needs to get back to what made it successful--podcasting about sucking dick all over Manhattan

Indeed. It’s about time the Woke Agenda is being confronted and going broke.

_________________

I heard one them did the entire Mets pitching staff.

_________________
Wattabout Kodak Black?

Any Hawaii You’s ass was affectionately called the bullpen.

_________________
Hawaii (fuck) You

Several professional baseball players are voluntarily having intercourse with HY?

Do the international guests know about this?

_________________

They are subscribing to the OnlyFans account that features several techniques- the slider, curvedballz, and the catcher’s mitt.

_________________
Hawaii (fuck) You

I'd have a hard time taking my job seriously when my boss is being followed by a camera all day throughout the office.

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

that's part of the product at Barstool--el Prez's and the other Barstool folks daily activities--it's all content, esp the bits where uber-manlet Portnoy belittles and berates those dependent on him for a paycheck. Portnoy turns the cameras off before roofying chicks out at the club tho.

One bite. Everyone knows the rules.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

That was great. I love the owner in a Star Wars shirt and beer belly. Portnoy is pretty awesome.

_________________
Hawaii (fuck) You

0-60 in one second. Annihilated him.

_________________
Wattabout Kodak Black?