Spend the afternoon with the boys guilt free. Hang out with Hayes, Noodles and the O-Dog as they talk Leafs, sports and pretty much everything that catches their attention.
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Episode 32: Penn National Ditches Barstool for ESPN and Divests it to Dave Portnoy for $0
Manage episode 393848077 series 3546999
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Welcome to Episode 32! We have instant reaction to a wild flurry of sports gambling news. Penn National, which owned 100% of Barstool, entered into a 10-year, $2 Billion sports gambling alliance with ESPN. At the same time, they dropped Barstool and divested it to Dave Portnoy for free, except for the right to 50% of the proceeds of the next sale.
We look back at the original Penn-Barstool deal in 2020 and break down why this happened, why now, Portnoy's total return, winners and losers, the outlook for Barstool, where Portnoy stands now vs. Bill Simmons and Clay Travis, and a lot more. Enjoy!
Find us on Twitter @rBillSimmonsPod
80 episodes
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Manage episode 393848077 series 3546999
Content provided by The r/BillSimmons Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The r/BillSimmons Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Episode 32! We have instant reaction to a wild flurry of sports gambling news. Penn National, which owned 100% of Barstool, entered into a 10-year, $2 Billion sports gambling alliance with ESPN. At the same time, they dropped Barstool and divested it to Dave Portnoy for free, except for the right to 50% of the proceeds of the next sale.
We look back at the original Penn-Barstool deal in 2020 and break down why this happened, why now, Portnoy's total return, winners and losers, the outlook for Barstool, where Portnoy stands now vs. Bill Simmons and Clay Travis, and a lot more. Enjoy!
Find us on Twitter @rBillSimmonsPod
80 episodes
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