November 5, 2025


Portnoy Threatens to Move Barstool Out of NYC After Socialist Mamdani's Election Win

The recent election of Zohran Mamdani as New York City’s first Muslim mayor has ignited a firestorm of reaction, highlighted by Barstool Sports founder Dave Portnoy's public threat to relocate his company away from the city. Mamdani, who labels himself a Democratic socialist, secured a narrow victory with 50.4% of the vote, edging out adversaries including former Governor Andrew Cuomo and Republican Curtis Sliwa.

Portnoy, in a response shared on X, termed Mamdani a “great actor,” echoing CNN commentator Scott Jennings. He expressed his relief at not residing in New York City anymore, signaling his dissatisfaction with the city's political trajectory under progressive governance.

As a stark representative of New York's bold entrepreneurial ethos, Portnoy's Barstool Sports has grown from a niche gambling newsletter into a major digital media force. His clash with Mamdani underscores a broader ideological rift in post-pandemic New York, pitting progressive political agendas against traditional business interests.

Portnoy expressed his disdain for Mamdani on The Unnamed Show podcast, admitting he would move Barstool out of New York if it were solely up to him. Although he later recanted, noting the impact such a move would have on his New York-based staff, he did not completely rule out relocation, instructing his finance team to scout potential properties.

Barstool employs about 1,300 people globally, with around 325 in New York. A potential move could symbolize a significant shift for the city’s business landscape, especially in a post-pandemic recovery phase.

Mamdani's electoral win is historic, marking him as the city’s first Muslim and openly socialist mayor. Born in Uganda and raised in Queens, Mamdani has championed policies focused on housing reform, wealth redistribution, and immigrant rights. In a victory speech, he targeted criticisms from notable figures like President Donald Trump, emphasizing New York's identity as a city built by immigrants.

Portnoy's possible relocation of Barstool highlights a larger narrative: businesses reevaluating their presence in high-tax, high-regulation states. With expansions already in cities like Chicago, Miami, and Boston, Portnoy's threat carries weight. Analysts suggest any move would likely target states with fiscal advantages like Florida or Texas.

Despite these challenges, the core issue for many business leaders like Portnoy is the ideological and economic direction of their locales. As debates about political expression and employer rights intensify, the situation underscores a national shift that could redefine the American business landscape.