Why Peyton Manning Sold His Papa John’s Shares
Source: Daniel Shirey / Getty
Papa John’s is no longer the official pizza sponsor of the NFL and Pizza Hut has taken over for them. John Schnatter, CEO of Papa John’s spoke out about how the NFL protest was making his company lose money. Complex reports that there is more bad news facing the famous pizza store.
The former Broncos quarterback, Peyton Manning sold off his stake in 31 Denver locations two days before the NFL dropped Papa John’s as its sponsor. Several years ago when Manning signed a contract with the Broncos he also made a deal with Papa John’s International. It’s been six rewarding years with them and believed it was the right decision.
Manning will continue to work with the pizza franchise and act as the brand’s celebrity spokesman and brand ambassador. Papa John’s is still looking to make marketing deals with 22 of the 32 NFL teams. We will find out who will accept the deal when the season begins.
RELATED: Plies’ Response To Papa John’s Proves He Needs His Own Show [EXCLUSIVE]
RELATED: Why Papa John’s Will No Longer Be The Official Sponsor The NFL
RELATED: How Lil Jon Could Save Papa John’s
The Latest:
- It’s A Girl! Rihanna Welcomes Third Child, First Daughter, Rocki Irish, With A$AP Rocky
- Michael Porter Jr. Splits Rent With Girlfriend Despite $200M Contract
- Tye Tribbett Talks Faith, Healing, and Launching “We Outside” Tour
- Black Missing Persons Cases Still Get Less Media Attention. Here’s A Solution
- Mariah Carey’s Hairstylist Dior Sovoa Shares His Journey Growing Up In The Salon And Styling The Divas
- Celebrate Hispanic Heritage Month With The Top TV Shows & Movies From Latinx Creators
- Brandy Brings Her Signature Touch to Kehlani’s “Folded” Remix
- Where Is Bill Nye Now? From 90s Icon To Global Climate Changemaker
- 4 Iconic Celebrity Pregnancy Announcements
- Fact Checking Donald Trump Following His Bonkers Autism x Tylenol Announcement
- Celebs Who Turn 50 This Year
- US Embassy Official Told Trump’s South African Refugee Program Is For White People Only, New Report Says
- Rest In Power: Notable Black Folks Who We’ve Lost In 2025
- The 50 Hottest, Flyest & Sexiest Looks from Beyoncé’s ‘Cowboy Carter’ Tour
- Urban One Radiothon For St. Jude Kids Raises $1.6 Million
