“What Deadspin was is not what it is going to be,” he said, adding: “It’s going to be basically a site that attempts to replicate the voice that we had, but without editors, specifically, but also writers, who really understand what that voice is.”

Mr. Paez-Pumar said the staff resigned “knowing that we stood up for what we believed in, and what we believed was both horrible treatment of the site and its history, but also specifically of Barry, who is the site and its history.”

Of the site’s immediate future, Mr. Spanfeller said they would “make do” and put up new content. “Is this a great thing for the company? No,” he said. “Is it a great thing for Deadspin? Definitely not. But we think, while it’s a painful moment, we’ll certainly be able to soldier on.”

Tensions between the executives and the journalists had been simmering for months.

The private equity firm Great Hill Partners bought Deadspin and other digital properties that were once part of Gawker Media, as well as The Onion, from Univision in April. Gawker Media had become the property of Univision in 2016, two months after filing for bankruptcy. That company was under pressure because of a $140 million judgment against it from an invasion-of-privacy lawsuit brought by Terry G. Bollea, who wrestled professionally under the name Hulk Hogan. The suit was secretly funded by the billionaire Peter Thiel.

Great Hill Partners packaged its acquisitions under the name G/O Media and installed Mr. Spanfeller, formerly an executive at Forbes.com, as chief executive.

In August, Deadspin, which mainly trafficked in sports-related articles, posted a story that contained reporting critical of G/O Media and Mr. Spanfeller. The site’s editor, Megan Greenwell, resigned three weeks after that story appeared.