Portnoy's new home will reportedly have an underground tunnel.
Barstool Sports founder Dave Portnoy has purchased a waterfront home in Nantucket for $42 million, the most ever spent on a house in that part of Cape Cod, according to a Friday report from the Wall Street Journal.
The property is roughly 1.2 acres and is located in front of the Nantucket Harbor. It has a pool and a guest house, as well as an underground tunnel that connects parts of the estate. Gambling company Penn Entertainment PENN, -0.17% finalized its purchase of Barstool Sports at a $550 million valuation in February 2023, and then sold it back to Portnoy for $1 in August 2023. Penn also said that it has the right to take half of the gross proceeds if Portnoy sells Barstool Sports again.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fenway Sports Group sells minority stake in Liverpool to sports investment firm Dynasty EquityBoston Red Sox and Pittsburgh Penguins owner Fenway Sports Group LLC has sold a minority stake in Premier League club Liverpool to New York-based sports...
Read more »
Movie star Dave Bautista buys stake in San Antonio's Devils River WhiskeyBautista is best known for his role as Drax the Destroyer in Marvel's Guardians of the Galaxy.
Read more »
New restaurant alert: Dave’s Hot Chicken opens in El CerritoDave’s Hot Chicken has opened the doors of a new location in El Cerrito.
Read more »
New Bay Area restaurant alert: Dave’s Hot Chicken opens in El CerritoDave’s Hot Chicken has opened the doors of a new location in El Cerrito.
Read more »