Dave Portnoy Quotes on Money: Win and Loss of Sports of Barstol

Dave Portnoy His financial empire has had a lot of success while creating - and some push on the street.

Portnoy established Bestul Sports as a weekly printing publication in 2003. A year after the company's formation, Portnoy applied for the protection of bankruptcy in 2004 after the loss per gambling New York TimesThe

A few years later, Barstul Sports expanded online and stopped its print operation in the 21st. Initially, after concentrating on the digital side, Portnoy saw growth in his company and earned investment from multiple equity firms, including the Cherinin Group.

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

Six months after Barstul Sports fully achieved, Penn decided to participate with the National Gaming Brand. Portnoy later bought the company in exchange for $ 1. After being the only owner, Portnoy was sworn in that he would never sell again.

"For the first time forever, what do we say, how do we talk about what we do. It is back to the pirate ship," he said in August 2023 YouTube videoThe "Anyway, I'm never going to sell Barstul Sports. Ever."

Continue scrolling to see what Portnoy has said about money over the years:

Relief

Bestul Sports founder Dave Portnoyes is the most honest quote about money
Dave Cotinsky/Getty Images for Cantor Fitzgeld Relief Fund

Among the Covid -19 epidemics, Portnoy established the Bestul Fund to help financially recover the small businesses. The CEO left $ 500,000 of his own money for effort.

"I don't worry how I got the money. If I had to collect more money, if I had to pay myself, I became creative," he explained in a video of December 2020 Has been uploaded through X'sThe "But once you are in our program we will provide what you need" "

Selling borceles

When attending March 2023 Logan Paul'S “Impulsive” PodcastPortnoy claimed that he sold Bestul Sports and made $ 1 million and he distributed wealth to his colleagues.

"We sold it twice," Portnoy recalled. "The first time I took my equity and I gave about 15 percent of it to my first boys so they had equity."

Investment in Athletics

The former Porton of Michigan joked that he would be happy to get an elite quarterback to his Alma Matter's football team.

"Michigan, I'll be your quarterback guy ... I will sign them $ 1 million, Million 2 million, 3 million dollars - whatever it does," he said in the presence of September 2024 Barstool pichemThe "I can get a quarterback, we don't have quarterback."

Given full access to his ex -wife

Bestul Sports founder Dave Portnoyes is the most honest quote about money
Courtesy of Rini Portnoy/Instagram

Portnoy was headlined in December 2024 when he admitted that his ex -wife, Rini was still Access to its meaning Despite being separated since 2017.

"We met when Barshul was nothing, so he rode the grind with us," he said "The Sage Steel Show" in the podcast. "Nevertheless, now, basically I have access to all the money. If he just wants to be, 'I'm taking it and leaving,' she could."

Portnoy explained that he and his former were still technically married since the state of Massachusetts denied their divorce because of their financial situation.

"I and my money I have a very liquid relationship," he said more. "He does not like, 'half a day,' and we have been legally separated for a long time. The judge said that our deal was not justified for him. They are like that, 'more valuable than you have to pay in half.'

Offers a charity

While visiting a local pizza shop in Baltimore, Portnoy was inspired Grants $ 60,000 Tinnibricovan pizzaria so that it can keep its doors open a little longer.

Portnoy told the shop owner in December 2024, "This is number, you will be before Christmas" Instagram Video "It should be kept open for a year ... pizza was also good."

What did he provide to his staff

Bestul Sports founder Dave Portnoyes is the most honest quote about money
John Wearing/Getty Figure for Barstul Sports

Portnoy Barstol's personalities have become clear about how much later Grace O'Malie The way divided with the organization. In a January ticket video of 2025, Portnoy O'Moli's base salary is published Were $ 175,000 with the opportunity to earn more.

"He got more than $ 75,000 in 2024," he said. "(His interview) can be cut off, something wrong can be thought of, but people are not paying it, it bothers me. I think we treated - as I said from the beginning - Grace Great."

Portnoy further explained that once Barstul brought back the base salary of the personality, they "split fifty-fifty per dollar".

"I just don't like it when people think that we scandal our manufacturers because we don't ***," he adds.

Tariff

After setting up new tariffs in the United States in April 2021, Portnoy admits that he is already A financial beating Due to the decrease in the stock market.

Portnoy said during an episode of Livestream in his "Devi Day Trader", Portnoy mentioned three days ago, "When I said that I lost millions of dollars, I was extremely viral." "I'll be back to lose million million dollars and kill."

Although million millions of dollars seemed to have acknowledged social media personality that the loss was actually worse than the amount. Portnoy assumed his net assets - which assumed $ 150 million dollars - 10 to 15 percent decreased.

"If I have to guess I have come closer to ($ 20 million) in the last three days ($ 20 million)," he claimed.



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