David Portnoy, founder of Barstool Sports, is interviewed at the Trackside Live Stage in the LVMS Neon Garage before the South Point 400 Monster Energy NASCAR Cup Series playoff race on September 15, 2019, at Las Vegas Motor Speedway in Las Vegas, NV.
David Portnoy, the outspoken founder of Barstool Sports, is once again the owner of his media brand, after buying it back from Penn Entertainment .
The value of the deal, which was announced on Tuesday, was not immediately known. Barstool Sports was valued at $606 million in February, when Penn bought the rest of the company it didn’t already own. Penn became a minority owner in 2020.
Portnoy, who founded Barstool Sports in 2003, said in a post on Tuesday that Penn and Barstool had
Penn sells Barstool back to Dave Portnoy for ‘non-compete’ covenants
