Dave Portnoy threatens to pull Barstool from NYC over Zohran Mamdani’s

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Dave Portnoy threatens to pull Barstool from NYC over Zohran Mamdani’s

Barstool Sports founder Dave Portnoy is threatening to shut the company’s Manhattan workplace because of Zohran Mamdani’s election, saying he hates the inexperienced, “Communist” pol and warning that the mayor-elect will wreck the enterprise local weather.

Portnoy made the comments during a YouTube livestream last week, amid expectations Mamdani would defeat former Gov. Andrew Cuomo in the Nov. 4 election.

“I hate the guy,” Portnoy said of Mamdani. “I can’t stand the considered him working New York City. I can’t stand it.

Barstool Sports founder Dave Portnoy is threatening to transfer his media empire out of Manhattan. Icon Sportswire by way of Getty Images

“Thirty-something-year-old Communist running New York City who’s never had a job in his life, hates America — doesn’t seem like the best.”

Portnoy, 48, weighed the execs and cons of getting out of Manhattan during Mamdani’s reign.

“Honestly, I’ve given that a lot of thought — he’s definitely going to win — going to Hoboken or Jersey City or something,” Portnoy said.

“I don’t want to f–king have an office [in Manhattan]. But then we have all those people who, like, that f–ks up their life because I hate the guy. Like, all the people in the New York office have to go to Jersey City or … Hoboken. So it’s a Catch-22.”

Still, Portnoy indicated he’s significantly weighing an exit.

“A part of me is like, how much will actually change? But I really have given it thought,” he said. “I told our finance guys to start looking around for property, no joke. Take a principled stand.”

After networks projected Mamdani, 34, as the winner on Tuesday evening, Portnoy posted on X, “Thank god I don’t live there anymore.”

Portnoy’s frustration with the new mayor has been constructing for months.

Portnoy has called 34-year-old Democratic socialist Zohran Mamdani a “Communist” while warning that his administration will wreck the metropolis’s enterprise local weather. AFP by way of Getty Images

In a July look on Fox Business, he warned that Mamdani “hates capitalism” and would “blame the victims of 9/11 rather than the terrorists.”

“It’s a very scary time,” he said. “I can’t believe that this guy may be the mayor of New York City. He’s closer to a Communist.”

Barstool, which Portnoy based in 2003 in Massachusetts, has maintained a major workplace in Manhattan even after relocating many of its operations to Chicago. The company was value about $600 million as of 2023.

Mamdani, a New York state assemblyman who was born in Uganda and describes himself as a Democratic socialist, ran on a platform of lease freezes, city-run grocery shops and expanded public housing — measures that critics say will cripple funding and drive employers out.

His victory appeared to mark a shocking political shift for New York, the place enterprise leaders rallied behind Cuomo, who ran as an unbiased.

Portnoy has floated the chance of Barstool Sports relocating to Hoboken, NJ (above). Phamous Philmz – inventory.adobe.com

Portnoy also instructed that the company might study taking over workplace house in Jersey City. VideoFlow – inventory.adobe.com

Pershing Square CEO Bill Ackman, who sparred with Mamdani on social media during the campaign, congratulated the mayor-elect on X.

“Now you have a big responsibility,” Ackman wrote. “If I can help NYC, just let me know what I can do.”

The put up was panned by enterprise moguls — significantly in light of the hedge fund supervisor’s appreciable spending in hopes of knocking out Mamdani.

Kathryn Wylde, outgoing CEO of the Partnership for New York City, took Ackman to process for his flip-flopping. But she herself struck a conciliatory tone with Mamdani, saying her group regarded ahead to serving to him “achieve his affordability goals while keeping New York competitive as a destination for talent and a generator of jobs.”

Barstool, based in 2003 in Massachusetts, has maintained a major workplace in Manhattan even after relocating many of its operations to Chicago. Bloomberg by way of Getty Images

Other executives have been more important. Palantir CEO Alex Karp told CNBC, “We’re about to probably have a complete disaster. I was born in New York.”

Portnoy said he’s torn between his political opposition to Mamdani and his concern for workers based in New York.

“If it was just me, I would move the company out of New York City because I hate this guy so much,” Portnoy said in another podcast look.

“But I won’t because there’s a lot of people in New York, and I don’t want to change their lifestyle for it.”

The Post has sought remark from Mamdani.



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