PENN stock tanks as Barstool Sport’s Mintzy is fired over “innocent” rap slur – Dave Portnoy pushes back

On Wednesday, Dave Portnoy, the founder of Barstool Sports, revealed that well-known host Ben Mintz, known as Mintzy, had been terminated from the company due to uttering a racial slur while reciting rap lyrics during a live broadcast earlier this week. The dismissal was mandated by Barstool’s parent corporation, PENN Entertainment, even though Portnoy and Barstool CEO Erika Nardini fought to keep him. “This morning, I made an unforgivable mistake slipping on air while reading a song lyric,” Mintz tweeted Monday after reading the slur aloud during his popular show “Wake Up Mintzy.” “I meant no harm & have never felt worse about anything. I apologize for my actions. I am truly sorry & ashamed of myself.” It was Mintzy’s rendition of Bone Thugs-N-Harmony’s “1st of Tha Month” that caused the stir. Barstool Sports was known for being an alternative to the mainstream media and had an air of anti-cancel culture built into the company’s brand. However, in early 2020, PENN Entertainment acquired a 36% stake in Barstool Sports from The Chernin Group for $163 million and purchased the remaining portion for an additional $388 million in February this year. According to Portnoy, the decision to let Mintz go was based on concerns that the incident might put regulatory gambling licenses at risk. https://video.reclaimthenet.org/articles/portnoy-mintzy.mp4 “I’m stunned by it,” Portnoy said in a video uploaded to Twitter. “I’ve been fighting tooth and nail, as has Erica [Nardini, Barstool CEO], as has Dan [Dan Katz, known as “Big Cat”], to keep Ben…PENN stock tanks as Barstool Sport’s Mintzy is fired over “innocent” rap slur – Dave Portnoy pushes back