Barstool Sports founder Dave Portnoy is threatening to move his company out of New York City. This follows the election of Zohran Mamdani as the city’s next mayor. Portnoy announced his potential relocation plans during a recent livestream.

He expressed strong disapproval of the mayor-elect’s political stance. The business owner is now weighing a principled stand against the convenience of his employees.
Potential Relocation to New Jersey Cities
Portnoy specifically mentioned Hoboken and Jersey City as possible new locations. These New Jersey cities are situated just across the Hudson River. Moving there would keep the company relatively close to its current base.
According to Reuters, Portnoy has already directed his finance team to scout for new office spaces. He described the situation as a “Catch-22” for his staff. A move would disrupt their lives due to his personal political disagreement.
A “Principled Stand” Against New Leadership
Portnoy did not mince words in his criticism of Mamdani. He labeled the mayor-elect a “thirty-something-year-old Communist” during his broadcast. Portnoy claimed Mamdani “has never had a job” and “hates America.”
This strong reaction highlights the deep political divisions influencing business decisions. Portnoy later took to social media to voice his relief at no longer living in the city. His post accompanied a video criticizing the election’s outcome.
Mamdani, a state assembly member from Queens, ran on a progressive platform. His campaign focused heavily on affordable housing and expanding social services. Supporters see his victory as a move toward a more equitable New York.
Some business leaders, however, fear his policies could drive companies away. The potential departure of a high-profile firm like Barstool Sports underscores these concerns. For now, the company’s final decision remains pending.
The debate over Barstool Sports’ potential exit highlights growing tensions between New York’s business community and its new political direction. This situation reflects broader national conversations about corporate responses to progressive governance. The final outcome will be closely watched by both supporters and critics of the incoming administration.
Thought you’d like to know-
Why does Dave Portnoy want to move Barstool Sports?
He strongly disagrees with the political views of Mayor-elect Zohran Mamdani. Portnoy views a potential relocation as a “principled stand” against the new leadership.
Where might Barstool Sports relocate?
Portnoy has suggested cities in New Jersey, including Hoboken and Jersey City. These locations are just across the river from Manhattan.
Has the company made a final decision to move?
No, Barstool Sports has not officially announced a relocation. The company is currently evaluating its options.
What is the main reason for Portnoy’s hesitation?
He is concerned about disrupting the lives of his employees who work in Manhattan. Moving the office would cause significant inconvenience for his staff.
Who is Zohran Mamdani?
He is a state assembly member from Queens who was just elected mayor of New York City. Mamdani campaigned on a progressive platform focusing on housing and social services.
Trusted Sources
Reuters
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