Former UofL athletics director Tom Jurich and John Schnatter posed at Papa John's Cardinal Stadium in 2010. He owns almost 30 percent of the shares, and remains on the board even after ceding his role as chairman.
The Seattle Mariners said they "suspended our relationship with Papa John's", as the company pulled its founder from its advertising and he resigned as chairman in the wake of reports he used a racial slur.
The 56-year-old executive also stepped down as CEO last January, two months after he ripped the NFL, a corporate partner at the time, for its handling of player national anthem protests.
It's not yet clear how quickly the company will be able to remove Schnatter from marketing materials, the person with knowledge of the decision said.
"They have to see this as an opportunity, not a challenge", Harvey said.
The deal provides that if he leaves the company, Schnatter can rename the building.
"Anytime you're dealing with humans, you have no fallback", he said.
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Schnatter owns almost 30 percent of the company's shares, which fell after the report but rebounded when he said he would depart as chairman.
No, and late Thursday evening, the Houston Astros showed that it's possible to get this right - at least insofar as standing behind Papa John's as a corporate partner can be described as right.
"We are glad that at a national level, Papa John's took swift action to deal with the issue", said the Arizona Diamondbacks, according to ABC15. Schnatter finally slips and says the N-word out loud.; 2.
During the call, he reportedly said "Colonel Sanders called blacks n--" and never faced backlash. The resignation came hours after Schnatter apologized for using a racial slur during a conference call in May. Regardless of the context, I apologize. Oh, no, it was the "derogatory and insensitive comments" - the fact that he said one particular no-no word. Earlier in the week, the school said Schnatter resigned from its board of trustees.
Schnatter, who served as Papa John's CEO until January, has been prominently featured in the chain's television commercials and print advertisements for years.
Major League Baseball had also said it was indefinitely suspending a promotion with Papa John's that offered people discounts at the pizza chain after a player hit a grand slam. Of that total, $14 million came from Schnatter personally and the remaining through Papa John's worldwide on a deal that runs through 2040.
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