Latest news with #DavePortnoy
Yahoo
a day ago
- Business
- Yahoo
Portnoy on ‘arrogant' Colbert's cancellation: ‘What did you think was going to happen?'
Barstool Sports founder Dave Portnoy bashed Stephen Colbert on Saturday, calling the late-night host 'ungrateful' after Colbert's show was axed by CBS in what the network claimed was a 'financial decision.' 'For these people, including like Colbert, to be like, 'This isn't really right and we're blindsided' — buddy, you're losing 40 million dollars a year,' Portnoy said in a video posted to the social platform X, citing one estimate of the show's losses reported by Reuters. The announcement of the cancellation came just weeks after the network said it would pay $16 million to settle a defamation lawsuit brought by President Trump, a decision that Colbert had previously called a 'big fat bribe.' Paramount, CBS's parent company, is currently seeking approval for a merger from Trump's Federal Communications Commission. Lawmakers on the left have speculated that CBS's cancellation of the show might have been politically motivated, an assertion at which Portnoy effectively rolled his eyes. Rather, he asserted, Colbert was losing money and had been 'arrogant' in his criticism of CBS. 'Welcome to the real f—ing world,' the Barstool Sports founder said in the video, which he called a 'rant.' 'And then you have the arrogance to go hammer your own company? What do you think was going to happen?' he asked. Colbert has historically been a fierce critic of the president and previously went after CBS and Paramount for settling Trump's claim, which the host called a 'nuisance lawsuit.' Portnoy said that Colbert should not have criticized his network so strongly, especially if his show was losing money. The New York Times estimated that the show's losses were in the tens of millions of dollars. 'I'd fire you in a f—ing heartbeat. That's not politics. That's just being ungrateful,' Portnoy said. 'This is called capitalism, in the real world. ' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword
Yahoo
a day ago
- Business
- Yahoo
Dave Portnoy Details Specifics of New Barstool Sports Show on FS1
Barstool Sports and Fox Sports are partnering in a deal that includes a new daily show on Fox Sports 1. Barstool founder Dave Portnoy confirmed the deal on Thursday, July 17, which will also feature his appearance on the network's Big Noon Kickoff college football pregame show. Barstool Sports will also be given a daily show from 8-10 a.m., Portnoy revealed on The Unnamed Show. Portnoy will appear on the daily show on Mondays and different Barstool personalities will also be involved. "We are going to do an 8-10 daily show on Fox Sports 1. It'll be like a Barstool breakfast show or Barstool wake-up," Portnoy said. "I'm going to do Mondays, we'll have an office in Chicago, it'll be different characters." Portnoy added that the show will cover whatever is the hot topic at the moment, whether it's sports- or Barstool-related. "So, whatever is happening and relevant to our world, but it'll be like, basically, all of our talent in the show," Portnoy added. "There will be different days people are doing it, I know I'm doing Mondays." The Barstool Sports show, which doesn't appear to have an official name yet, will be replacing Breakfast Ball, the show that was in the 8-10 a.m. time slot on FS1 previously. Breakfast Ball was one of three shows cancelled by the network recently, along with The Facility and Speak. Dave Portnoy Details Specifics of New Barstool Sports Show on FS1 first appeared on Men's Journal on Jul 17, 2025
Yahoo
a day ago
- Business
- Yahoo
Dave Portnoy Begrudgingly Compliments Angel Reese
There are few, if any bigger critics of Chicago Sky star Angel Reese than Barstool Sports founder Dave Portnoy, who also happens to be a huge supporter of Indiana Fever star Caitlin Clark. However, even he had to give Reese props for her business acumen, something that has been on full display lately. Since entering the WNBA, Reese has been the center of jokes surrounding her infamous ability to grab rebounds off her own missed shots, which have been called "mebounds" by her detractors. The Sky star has taken it all in stride and recently filed to trademark the phrase and is now selling merchandise under the same name. Upon the unveiling of the Angel Reese 1 Mebounds sneakers from Reebok, Portnoy took to social media to pay his respect to Reese for turning a joke into a business opportunity. "I hate (sports sense) Angel Reese. Hate her. That's how much it pains me to admit how brilliant it was for her team to trademark Mebounds and make it her thing. Brilliant. I hate how brilliant it is," Portnoy admitted. If you go to Reese's official website, it is filled with "Mebounds" merch, including shirts, hats and even slides. Reese is also doing some good with proceeds from the sales, which will be used to "support cyber bully prevention through The Angel C. Reese Foundation." Reese, who is set to play in her second WNBA All-Star game on Saturday, is averaging 14 points, 12.6 rebounds, 3.8 assists, 1.5 steals and 0.6 blocks per game and has been playing some of the best basketball of her career this Portnoy Begrudgingly Compliments Angel Reese first appeared on Men's Journal on Jul 19, 2025
Yahoo
2 days ago
- Business
- Yahoo
Dave Portnoy sold XRP too soon, now he wants to cry
Dave Portnoy sold XRP too soon, now he wants to cry originally appeared on TheStreet. Dave Portnoy, founder of the sports and pop culture company Barstool Sports, has a confession that he says is making him want to cry. On July 17, Portnoy posted a video on X in which he admitted to losing millions by exiting XRP two weeks earlier. He said he sold his XRP when it was trading at a price of $2.40 on the advice of the individual who had recommended him the coin that Ripple, the crypto company whose founders launched XRP, would now face competition from the stablecoin issuer Circle Internet Group (NYSE: CRCL). XRP's price has surged 60% since he sold it, Portnoy said and added: "I would've made millions, and I want to cry. I don't own it anymore. Even though I was like the leader of the XRP army, I sold it." Notably, both Ripple and Circle applied for national banking licenses with the U.S. Office of the Comptroller of the Currency more than two weeks earlier. XRP hit the price of $3.642 late evening July 17, and Portnoy posted the video only a few minutes isn't the first time that Barstool's El Presidente has talked about his crypto trading mistakes. In 2021, he admitted to panic selling Bitcoin in an X post. The king coin recently hit an all-time high (ATH) of $123,091.61 on July 14. XRP hit an ATH of $3.84 on Jan. 4, 2018. The cryptocurrency was trading at $3.36 at the time of writing, nearly 12% lower than its record high. Dave Portnoy sold XRP too soon, now he wants to cry first appeared on TheStreet on Jul 19, 2025 This story was originally reported by TheStreet on Jul 19, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
3 days ago
- Business
- Daily Mail
Dave Portnoy makes shock U-turn on Caitlin Clark's 'brilliant' rival Angel Reese
Dave Portnoy has begrudgingly offered some praise to Angel Reese for her new marketing campaign, as he called the Chicago Sky star 'brilliant' on Saturday. Reese, who is leading the WNBA in offensive rebounds per game, has been routinely mocked for her propensity to grab her own misses at the rim. The term 'mebounds' spread across social media, and Reese decided to trademark the phrase last month. Reebok announced on Saturday that the company is set to release the 'Angel Reese 1 Mebounds', and even Portnoy - who is decidedly on the side of Caitlin Clark in her rivalry with Reese - had to credit Reese for her sharp thinking. 'I hate (sports sense) Angel Reese. Hate her,' Portnoy began on X. 'That's how much it pains me to admit how brilliant it was for her team to trademark Mebounds and make it her thing. Brilliant. I hate how brilliant it is.' While the phrase was used by some to denigrate Reese, the two-time All-Star made a TikTok last month to express her affinity for it. Angel Reese 1 Mebounds. All mine. Not yours (yet) — Reebok (@Reebok) July 19, 2025 'Whoever came up with the 'mebounds' thing. Y'all ate that up... anything that comes off that board, it's mine!!', she said. Reese has also begun selling 'Mebounds' apparel on her website. The second-year player has made significant strides in her second season, improving her field goal percentage from 39.1 percent to 44.6 percent and doubling her assists average from 1.9 to 3.8 per game. She set the single-season record for offensive rebounds in her rookie season and is on pace to lead the league once again, as she's averaging a league-leading 3.8 per night. She also leads the league in total rebounds per contest with 12.6. However, her Sky look set to miss the postseason again as they're just 7-15 thus far. Reese, who has competed against Clark since their days in college, clashed with the former Iowa star earlier this season after a hard foul from the Fever guard. During a fiery season opener between Indiana and Chicago, Clark slapped the Sky forward across the arm after she grabbed an offensive rebound, sending her tumbling to the floor midway through the third quarter. Reese was left incensed by the push, leaping back to her feet and making a beeline for the Fever star before her teammates quickly intervened. The pair played together during the All-Star Game last year and have sung each other's praises, though tensions boiled over during that aforementioned moment in the season opener and Clark received a flagrant foul. Clark told ESPN that there was 'nothing malicious' about the play during an in-game interview, a sentiment which Reese shared after the game. Reese and Clark were both named All-Stars in their sophomore campaigns, though Clark will not suit up in the game due to a groin problem. Reese will suit up for the team captained by Napheesa Collier on Saturday night.
