I think you underestimate how unpopular unions are with a certain segment of the population.And isn't that free media overwhelmingly negative? I get that Portnoy doesn't give a shit, but it's not GREAT publicity either.
That is honestly huge news. Penn National is a public trading company too. Portnoy was wise to go ALL in on sports gambling being a main feature of Barstool a couple years ago.
Would that additional grant come with retention conditions to keep him around as part of this?I've been skimming through Penn's form 8-K on the deal and I found some interesting details. Immediately before the sale, Dan Katz received and additional grant of BSS shares, which Penn immediately purchased for $7,000,000, in addition to the BSS equity he already owned. He's been one of my favorite sports personalities, and I'm glad he's getting a fat check today.
The document mentions Key Employee Agreements are in place for Portnoy, Katz and Nardini, but we don't know the details. They will also have their remaining shares locked up for 4 years.Would that additional grant come with retention conditions to keep him around as part of this?
There's no way. It's gotta be like the Dr. Andrews (PhD, IT Services) that they found.Dr Fauci on PMT tomorrow. Remarkable.
The photo finish one on the day he first setup the finish line camera was absolutely electric.Big Cat has a uniquely charming personality. I'm not quite to the point of adding a reminder to watch the Cat Cave Derby every day, but I'm getting close. There is absolutely no reason an electronic horse race should be fun to watch, have storylines developing, etc., and yet...
Sold out!! Every single one of my commission spots have officially been claimed in less than 4hrs!! I don’t know if you understand how much this means to me! Love you guys!! It’s time to go hard in the paint.
I got stuck at the paywall, but I was curious how Daily Beast obtained an internal email, only to find out "the email and subsequent text messages sent by Markovich—in one, he called a blogger “super-retarded”—were read aloud during a contentious, heated exchange on Monday with the four hosts of the SiriusXM radio show Barstool Chicago." Wow.Behind a paywall but BS is losing a lot of money (loss of advertising revenue) due to Covid:
The website’s EIC battled with some of his staffers, even calling one writer “super-retarded,” as the controversial sports site faces financial strain from the pandemic.www.thedailybeast.com
"While our operating team has been busy reconfiguring our casinos for a post-COVID-19 world, our interactive team has been hard at work laying the foundation for future growth online. We have been able to continue the development of our Barstool Sportsbook app and remain on schedule for launch in the third quarter of 2020 on what we anticipate will be a more level playing field with our competitors given the extended absence of major live sports in the months leading up to our launch. Our team of engineers is creating a best-in-class sports betting product, and the Barstool brand, loyal audience and marketing engine will help drive meaningful market share as the product is introduced across our database of 20 million casino customers and Barstool’s audience of over 66 million fans.
"The past several weeks have also reinforced our investment thesis in Barstool Sports. Despite the lack of live sporting events, Barstool has continued to create highly entertaining content in recent weeks, with blog traffic increasing over 20% in April, video views up over 50% and social media accounts seeing meaningful growth. In addition, Barstool has shown continued success in utilizing emerging platforms to expand its reach, including explosive growth on TikTok and the introduction of live video game streaming on Twitch. Barstool’s highly diverse and engaging content is proving to be more relevant than ever in the key demographics we will be targeting, and we continue to believe Barstool’s growing, loyal audience will lead to meaningful reductions in customer acquisition and promotional costs for our sports betting product.
I came to post something similar to this, even though I haven't checked out the horse races. I'm not a huge fan of the Barstool brand but Big Cat is one of the more enjoyable media personalities going. He's running an NCAA 14 coach career called Coach Duggs on Twitch and it's well done. His commentary is good, his playing skills, well not so much, which makes it even more enjoyable.Big Cat has a uniquely charming personality. I'm not quite to the point of adding a reminder to watch the Cat Cave Derby every day, but I'm getting close. There is absolutely no reason an electronic horse race should be fun to watch, have storylines developing, etc., and yet...
Portnoy will want to film this for web content. There is no possible way RG will agree to it. I also agree that the Barstool schtick is about being perceived outsiders who are rebelling against the man so to speak. Portnoy gets kicked out of multiple Super Bowls/handcuffs himself outside the NFL building and gets arrested/etc. and now will agree to be nicey nice with RG? He will lose credibility.Yeah, I think the dealbreaker problem is that Portnoy is a gigantic asshole who will try to make the meeting with Goodell a spectacle as an end in itself. Any attempt at compromise/playing along by RG can’t be accepted by DP because his entire RG bit will be predicated on creating the perception he is a Goodell antagonist/troll. If RG is in on the joke the bit falls apart.