techkenyot.com
techkenyot.com October 17, 2018


University of Louisville to rename Papa John's Cardinal Stadium

13 July 2018, 09:25 | Henrietta Morgan

“Regardless of the context I apologize,” Papa John’s founder John Schnatter said Wednesday

“Regardless of the context I apologize,” Papa John’s founder John Schnatter said Wednesday

The University of Louisville also said Schnatter resigned from its board of trustees, and that the school will evaluate the naming arrangement for Papa John's Cardinal Stadium, according to the Louisville Courier-Journal.

"Our community has been fractured by the comments made by former UofL trustee John Schnatter", Bendapudi said in a statement she read to reporters, adding that the comments were "hurtful and unacceptable".

Schnatter admitted to using a racial slur during a May conference call following a Forbes report.

Bendapudi also explained she spoke with Schnatter, who supported the decision to remove the name so it won't be a distraction to the program, according to 93.9 The Ville.

Although Schnatter has always been synonymous with the company's brand, Papa John's will stop using his image in advertisements, the Associated Press reported Friday.

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Keith Hollingsworth, a professor with Morehouse College's business department, said keeping Schnatter in the marketing and advertising would signal to people that the company does not have a problem with his comments, or that it doesn't think they are a big deal.

In a statement on Wednesday, the company said it condemned "racism and any insensitive language".

Bendapudi did not comment on Schnatter's reaction to the stadium being renamed. The sourced told the AP they were "not aware" of plans to change the brand's name. There is no clear recourse named in the contract that would allow the university to break the contract should a scandal like this happen.

"We understand that this comes with certain consequences and we have examined all of those, and this is our best decision to move forward", Bendapudi said.

The face of Papa John's is being sliced out of its ads.

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Papa John's stock is up almost 3% Friday on the news.

Schnatter originally stepped down as Papa John's CEO in December 2017, after claiming that the NFL's handing of player protests contributed to the company's third-quarter earnings slump.

Schnatter also reportedly said that when he was growing up in IN, people would drag black people from trucks until they died.

The University of Louisville's football stadium has a new name.

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