Papa John and NFL cancel sponsorship deal

[glassmanJ]

dang, schnatter really put a hurting on his company in the last six months. thankfully we won't have to see him on sundays anymore
http://www.espn.com/nfl/story/_/id/22597858/papa-johns-nfl-end-sponsorship-deal

 

[zipp]

They may not be able to afford it anyway. They're hurting...

 

[zipp]

Stock got trashed in after-hours trading on Tuesday. Gonna be another bloody today for the poor Papa today.

They're now rumored more strongly to be a takeover candidate. The POS running it still holds 27% of outstanding shares, but his days as emperor--and classic Camaro driver--may be numbered...

 

[jalovell23]

Should UofL rename Papa John stadium.

 

[glassmanJ]

Should UofL rename Papa John stadium.

yes, but we cannot as i don't think it's in the schools control. papa john has the rights but would love to have the name gone

 

[glassmanJ]

sort of interesting how papa johns is headquartered in louisville and yum brands (pizza hut) is headquaetered in louisville. that's 2 of the 3 major pizza companies are based here

 

[CommodoreCard]

If you are a big enough a$$, Karma will eventually come and get you.

 

[glassmanJ]

in january 2017 schnatter had 9,400,000+ shares of papa johns stock at $89 each worth $836,600.000+. basically a billionaire and made forbes list. since he has opened his mouth about u of l and the nfl, the stock has dropped to $59 and his worth has fallen to $554,000,000 in stock. his mouth has temporarily cost him $278,000,000 and he lost his job and is no longer the face of his own company. and i feel not one bit of sorrow or sympathy for him. just wish he was not involved in louisville athletics anymore

 

[zipp]

And he's fortunate his company is considered a takeover candidate, or the stock price might be hammered more...