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On July 27, 2021, Barstool Sports became the new title sponsor of the Arizona Bowl and would have exclusive international broadcast rights. The 2021 edition of the game was canceled due to the COVID-19 pandemic, but the game was played in 2022. [34] [35] and featured various Barstool Sports media personalities on commentary and in on-field ...
Peter Chernin's The Chernin Group purchased a majority stake of Barstool in January 2016. In 2020, Penn Entertainment purchased a 36% stake in Barstool Sports for $163 million, including $135 million in cash and $28 million in Penn non-voting convertible preferred stock. Penn acquired the remainder of the company in February 2023 for $388 million.
It originally launched in 2020 as Barstool Sportsbook, in partnership with the then-Penn owned Barstool Sports. In August 2023, Penn sold Barstool back to its founder Dave Portnoy , and concurrently announced a brand licensing agreement with ESPN; the 10-year agreement is valued at $1.5 billion, plus $500,000 in options for ESPN to purchase ...
The Barstool Sports founder shared his thoughts in a video posted on X (formerly known as Twitter) on Dec. 17 and clarified that he did not play a part in O'Malley's decision to leave the company ...
After more than seven years at the helm of Barstool Sports — and in the wake of the company’s ill-fated sale in 2023 — Erika Ayers Badan announced Tuesday that she is stepping down as CEO.
I think Barstool Sports is probably as recognizable, arguably the most recognizable in the 18-35, 18-40 demo in Boston. We have a stranglehold on it. We have a pretty good hold on it in the ...
Feiner has been handicapping sports since the 1990s and claims his success dwindled due to the rise of the internet, stating that he had a $16 million sports handicapping business in 1997. [7] Although he is an avid and admitted sports gambler, he is a critic of gambling, stating "Gambling is for the rich to lose money". [ 8 ]
Dave Portnoy and Brianna “Chickenfry” LaPaglia’s friendship has come a long way over the years. Portnoy, 47, founded Barstool Sports in 2003, but LaPaglia, 25, didn’t join the team until ...
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