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Who Owns Barstool Sports. In 2020 Penn National Gaming purchased a 36 stake in Barstool Sports for 163 million. In July 2020 Portnoy interviewed President Donald Trump at the White House. Media company The Chernin Group owns a 36 percent stake in Barstool Sports and the rest is controlled by Portnoy Barstool Sports CEO Erika Nardini and employees. Barstools majority shareholder and original outside investor that set the mens lifestyle brand on this lunar trajectory Chernin Group will continue to retain a 36 stake in the company as part.
Under the agreement Penn will be Barstool Sports exclusive gaming partner for up to 40 years and have sole rights to use the Barstool Sports brand for online and retail sports betting and online casino products. In July 2020 Portnoy interviewed President Donald Trump at the White House. Barstool Sports is a digital media company that produces content focused on sports and pop-culture. Media company The Chernin Group owns a 36 percent stake in Barstool Sports and the rest is controlled by Portnoy Barstool Sports CEO Erika Nardini and employees. Those were the words of Barstool Sports founder Dave Portnoy during a video he posted announcing that gambling operator Penn National Gaming was purchasing a minority stake in Barstool. In 2020 Penn National Gaming purchased a 36 stake in Barstool Sports for 163 million.
Sources say The Chernin Group which currently owns Barstool is in advanced talks to sell a majority stake in the company to Penn National Gaming a publicly traded regional gambling company that.
As CEO of Barstool Sports Nardinis net worth is tied to the value of the company. As the brand prepares for summer High Noon also announced a media partnership with Barstool Sports a next-generation sports media company. CLICK HERE TO READ MORE ON FOX. MIAMI Gambling operator Penn National Gaming announced Wednesday that it was buying a minority stake in Barstool Sports the popular and controversial sports media company in a deal that values. Pretty impressive results from a Colby grad which is not an Ivy League school or even close. Barstool Sports founder David Portnoy is no longer the majority owner of the controversial sports and culture blog he said in an emergency press conference Thursday in.