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Dave Portnoy Quotes on Money: Barstool Sports Wins and Losses

Dave Porto He achieved a lot of success – and some bumps on the road – when building his financial empire.

Portnoy Barstool Sports founded in 2003 as a weekly printing publication. One year after the company’s formation, Portnoy applied to protect bankruptcy in 2004 after great losses in gambling, for each New York Times.

Years later, Barstool SPORTS expanded online and stopped operating printed in 2010. After focusing mainly on the digital side, Portnoy saw a growth in his company and got investments from multiple stock companies including the Chernin Group.

In 2020, Penn National Gaming bought 36 percent of SPORTS PARSTOOL for $ 163 million in a mix of cash and stocks. Three years later, the company bought the rest of the network for $ 388 million.

Six months after obtaining Barstool Sports, Penn National Gaming decided to separate the brand. Portnoy later bought the company for one dollar. After becoming a single owner, Portnoy pledged that he would not sell again.

He said in August 2023, “For the first time forever, we do not have to see what we say, how to talk, what we do. YouTube video. “By the way, I will never sell Barstol sports.”

Continue to pass to find out what Portinoi said about money over the years:

Providing relief

Barstool Sports Dave Portnoys, the most sincere money
Dave Kotinski/Getty Emp for the Canor Fitzgerald Relief Fund

Amid Covid-19s, Portnoy created the Barstool box to help restaurants and small companies to recover financially. The CEO has set $ 500,000 of his own money for this effort.

“I don’t care how to get the money. If you need to raise more money, if I have to pay it myself, whatever the case, I will become creative,” I explained in a video in December 2020. Lifted via X.. “But as soon as you are in our program, we will pay everything you need.”

Sell ​​Barstol

During the emergence of March 2023 on Logan Paul‘s “Impaulsive”Bornwi claimed that he had achieved $ 100 million by selling Barstol sports and distributing wealth to his colleagues.

“We have sold twice,” Porto recalls. “The first time, I took my property rights and gave about 15 percent of my first comrades to enjoy fairness.”

Investing in athletics

Burnoy, Michigan, said that he will deliberately get to get the football team in Alma Matter, the midfielder.

“Michigan, I will be a man of Corterbeck … I will sign a million dollars, 2 million dollars, 3 million dollars – whatever,” he said during the appearance in September 2024 Patcem Barstool. “I can get cortedbes, we don’t have a cortptic.”

He gave his ex -wife his full arrival

Barstool Sports Dave Portnoys, the most sincere money
With the permission of René Portgram/Instagram

Burnoy is the headlines of the newspaper in December 2024 when he admitted that his ex -wife, Rene, still has Reaching his money Despite its separation since 2017.

“We met when Barstool was not anything, so I installed grinding with us,” said in “The Sage Stee Show”. “However, at the present time, she mainly has access to all my money. If she wants to be like,” I take her and go, “she can.”

Portoi explained that he and his ex -wife are still technically married since Massachusetts denied their appearance because of their financial situation.

“She has a very liquid relationship with our money,” continued. “It is not like,” give me half “, and we have been legally separated for a long time. The judge said that our agreement was not fair to it. They deserve a lot that you should give half.”

Charitable offer

While visiting a local pizza store in Baltimore, Portinoi was inspired 60,000 dollars donated To Tinybricove Pizzeria, so that it can keep its doors open for a little longer.

“This is the number, you will get before Christmas,” Porto said to the owner of the store in December 2024 Instagram video. “You should keep you open for a year … The pizza was also good.”

What his employees pay

Barstool Sports Dave Portnoys, the most sincere money
John Barra/Getty Pictures of Barstool SPORTS

Portinoi got an explicit about the amount of Prestole’s characters yet Grace Omali A crossroads with the company. In the Tiktok video in January 2025, Portnoy It revealed the salary of the Omali base It was $ 175,000 with an opportunity to earn more.

“I got another $ 75,000 in 2024 this way,” he said. “[Her interview] It was possible to be cut off, and badly understood it a little, but this bothers me when people look like they did not get fair salaries. I think we treated – as I said from the beginning – a wonderful blessing. “

Burnoy also explained that as soon as Barstol is recovered, they “divide each fifty -fifty dollar” to move forward.

He added: “I do not like it when people make it look like we are referring to our creators, because we do not do that.”

A tariff problem

After a new tariff was placed in the United States in April 2025, Portini already admitted Malian beating Because of the decrease in the stock market.

“I went very when I said I lost $ 7 million,” Porto said during an episode of “Dave Day Trader”, referring to his comments three days ago. “I will be killed to return to a loss of $ 7 million.”

While 7 million dollars seemed a lot, the social media personality admitted that the loss was actually worse than this amount. Portnoy speculated its net time – estimated at $ 150 million – decreased by 10 to 15 percent.

“If you have to guess, I am probably these three days in the past three days [$20 million]He claimed.



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2025-04-10 01:16:00

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