In an impressively petty move, Barstool Sports’ founder Dave Portnoy used the Instagram page of the “Call Her Daddy” podcast as a vessel to deliver an ‘emergency press conference’ video responding to Sofia Franklyn’s claims in a recent statement. For people not familiar with this mess of a situation, the two co-hosts of the Barstool Sports' popular podcast “Call Her Daddy,” Sofia Franklyn and Alexandra Cooper, are involved in a feud regarding the rights’ of the show with the founder, Portnoy.
In Sofia’s statement, she claimed that her co-host Alexandra betrayed her while they were attempting to renegotiate their contract. The co-hosts were reportedly looking at other lucrative offers to house their "Call Her Daddy" podcast, when all of this came to light.
"I found out that Alex had gone behind my back and done something. And I found out it wasn’t the first time. And that’s why we’re here. I trusted Alex. I feel betrayed," Sofia said in her original video.
She also claimed to own 50% of the “Call Her Daddy” brand, which Portnoy flatly denied in the video below, stating Barstool owns 100%.
View this post on InstagramMy Take On Sofia’s Comments Since Somebody Has To React To It. @stoolpresidente
Sofia’s boyfriend, HBO Sports Exec Peter Nelson, nicknamed ‘Suitman,’ was reported to have been looking for a new home for the podcast while they were still under contract with Barstool. Portnoy said in the video, “She didn’t even mention ‘Suitman.’ It felt like to me that she was just getting ready for a lawsuit … And to be honest, that’s the vibe I’ve had from her and her lawyers … for the last two weeks. Like she f–king said she was going to sue us for the ‘Call Her Daddy’ IP when she and Alex were still a team,”
He also claimed ‘Suitman’ was controlling Sofia and that she, “lost the ‘Call Her Daddy’ battle by being an idiot and listening to bad f–king advice from bad f–king people.”
In true Barstool Sports fashion, the company has found a way to profit from the beef by selling ‘Cancel Suitman’ hoodies on their site.
Barstool Sports Sells Minority Stake To Penn National Gaming For $450 Million
Barstool Sports continues to take over the world.
A couple weeks ago rumors were circulating online that media conglomerate Barstool Sports was selling a minority stake of its company to a casino operator called Penn National, and it turns out the reports were true. On Wednesday, it was officially announced that Penn National Gaming and Barstool Sports have agreed on a $450 million dollar deal.
According to the Wall Street Journal, Penn National will first buy a 36 percent stake in Barstool for $163 million in cash and stock, which values the company at $450 million. In 3 years from now, the casino company will then have to pay another $62 million to bring its stake to 50 percent, with the ability to buy controlling ownership for an amount to be determined at the time.
Penn National, which runs & owns dozens of low-profile casinos and hotels around the US, will have exclusive rights to use the Barstool brand in its sports-betting products. They believe they can bring Barstool’s loyal fanbase and traffic to its casinos and upcoming new betting app.
For what its worth, a person briefed on Barstool’s business estimates the company generated between $90 million and $100 million in revenue last year, with the majority coming from podcasts, merchandise sales, and gambling deals. The rich keep getting richer I guess.
Check out El Pres’ official announcement of the deal (below).
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