Removal of Papa John’s signs has begun in Louisville
Work has begun in Louisville, to remove the Papa John’s signs from its football stadium, after the company’s founder admitted he used the N-word during a conference call in May.
The founder also stepped down from the University of Louisville’s Board of Trustees earlier this month. He entered into a multi-million dollar agreement with the university, in 1996, to assist in constructing its football stadium. Schnatter secured the naming rights of the stadium for five million dollars, using four million of his own money and a one million dollar sponsorship from Papa John’s.
Also, as of may 2017, he had spent 12 point 5 million dollars for 42 years of name recognition, or about 3 hundred thousand a year.