In some exciting news for the conservative world of sports media, it has been announced that Dave Portnoy, the founder and president of Barstool Sports, has taken back control of the company from investors. Hallelujah! This means that Barstool Sports can finally return to its roots and break free from the shackles of censorship. Watch out, snowflakes, the Barstool pirate ship is back and better than ever!
Earlier this year, PENN Entertainment, a casino group and sports gambling company, had swooped in and acquired Barstool Sports for a whopping $551 million. That’s a lot of dough! But alas, it seems that the partnership between PENN and Barstool was not meant to be. In a dramatic “emergency press conference” on social media, Portnoy announced that they had “gone their separate ways.” Good riddance, say I!
Portnoy, a man unafraid to speak his mind and push boundaries, had nothing but kind words to say about PENN. But he also made it clear that having a publicly traded company was cramping Barstool’s style. The pesky regulations and meddling media outlets, like the New York Times and Business Insider, were stifling the creative genius that oozes from Barstool. It’s hard to swim with the sharks when you’ve got regulators and hit pieces nipping at your heels!
But fear not, my conservative friends, for Portnoy has taken the helm once again and is steering the Barstool pirate ship back to its glory days. No longer will they have to watch what they say or worry about offending delicate sensibilities. It’s a return to the wild and untamed world of uncensored content. Cheers to that!
JUST IN: Barstool Sports founder and President Dave Portnoy just announced he has bought back the company in its entirety from investors.
In buying the company he vows to steer the company away from woke policies and will strongly support free speech.https://t.co/H2Qj8F1kXw
— Proud Elephant 🇺🇸🦅 (@ProudElephantUS) August 8, 2023
In exchange for regaining full control of Barstool Sports, Portnoy made a deal with PENN that included some non-compete agreements and other restrictive covenants. Hey, sometimes you have to make sacrifices to regain your freedom, right? But fear not, PENN still has a stake in the game and will get a cut of any future sales or monetization events. Can’t blame them for wanting a piece of the Barstool magic!
So there you have it, folks. Barstool Sports is back in the hands of its fearless leader, Dave Portnoy, and ready to blow the politically correct media world out of the water. Get ready for a whole lot of unfiltered opinions and boundary-pushing content. It’s about time we had a voice that isn’t afraid to speak the truth, even if it ruffles a few feathers along the way. Long live the Barstool pirate ship!