Tensions are boiling in New York City’s business world following Zohran Mamdani’s unexpected political victory — and Barstool Sports CEO Dave Portnoy is making his feelings crystal clear.
Portnoy, known for his outspoken views, has hinted that he may move Barstool Sports out of New York City entirely, citing growing concerns about what he calls “anti-business policies” and a “hostile environment” for entrepreneurs. His remarks came shortly after Mamdani’s stunning rise in the polls, which signaled a major political shift in the city’s leadership.
“New York used to reward hustle, creativity, and risk,” Portnoy said during a podcast rant that quickly went viral. “Now it feels like the city punishes success. Every new rule or tax feels like another hit to the people who actually built something.”
The comments reflect a growing frustration among business leaders who fear that NYC’s changing political climate could push companies — especially digital and entertainment brands — to relocate. Portnoy even hinted that Miami or Nashville could be on his radar, both known for their lower taxes and friendlier business landscapes.
Supporters of Mamdani argue that his policies aim to create fairness and accountability, but critics like Portnoy see them as a direct threat to innovation. Whether Barstool actually packs up and leaves remains to be seen — but one thing is certain: this clash between political change and business power is just getting started.