Is Barstool Sports publicly traded?

Barstool Sports isn't publicly traded, but Penn Entertainment, which trades under "PENN," holds a large stake in the company. Here's how to invest in Barstool Sports. Barstool Sports was founded by celebrity entrepreneur Dave Portnoy.

How much did Penn buy Barstool?

The breakdown of the transaction was $135 million in cash and $28 million in non-voting convertible preferred stock. The deal included a "calls right," where Penn can exercise the option to purchase 100 percent of Barstool shares. On Aug. 17, Penn exercised that option and now is the sole owner of the sports media brand.

How much was the Barstool deal worth?

At the time, the deal was worth $163 million. The breakdown of the transaction was $135 million in cash and $28 million in non-voting convertible preferred stock. The deal included a "calls right," where Penn can exercise the option to purchase 100 percent of Barstool shares.