Just how much did Dave Portnoy pay to buy back Barstool Sports from Penn Entertainment?

According to a new securities filing, Portnoy acquired the sports media brand he founded for just $1.

Of course, there are other pieces to the deal, but the shocking sale price (Penn spent $551 million to acquire Barstool) makes for an interesting end to that relationship. Penn says that it expects to record a loss of between $800 million-$850 million on the deal.

[He’s getting the rights to the name, not the business itself, but it’s still a stunning turn of events. Congrats to Portnoy for sticking the landing. Fans of Robocop will get the headline reference, I’m sure. — Ed]