Barstool Sports founder Dave Portnoy is denying a story on the website Insider that accuses him of sexual misconduct with two young women.
Portnoy, who is a well-known online presence and stock market trader, said in a Twitter post that the Insider story is a “hit piece.” He did not deny having sex with the women, but said both encounters were consensual. He also noted he has not been charged with any crime or contacted by the police in connection with the alleged incidents.
Later in the day, Barstool issued a statement saying that no workplace misconduct was reported, and that the private lives of employees are not the company’s concern.
Portnoy earned a reported $10 million to $15 million in 2016 for selling a stake in Barstool to the Chernin Group. In January 2020, Penn National Gaming bought a 36% stake in the business for $163 million, with Chernin still holding an equal stake.
Portnoy, who is a well-known online presence and stock market trader, said in a Twitter post that the Insider story is a “hit piece.” He did not deny having sex with the women, but said both encounters were consensual. He also noted he has not been charged with any crime or contacted by the police in connection with the alleged incidents.
Later in the day, Barstool issued a statement saying that no workplace misconduct was reported, and that the private lives of employees are not the company’s concern.
Portnoy earned a reported $10 million to $15 million in 2016 for selling a stake in Barstool to the Chernin Group. In January 2020, Penn National Gaming bought a 36% stake in the business for $163 million, with Chernin still holding an equal stake.
- 11/5/2021
- by Bruce Haring
- Deadline Film + TV
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