Peyton Manning sells stake in Papa John's franchises [CBS News]
Papa John's International, Inc. (PZZA)
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Source: CBS News
Peyton Manning sells stake in Papa John's franchises Peyton Manning has sold his stake in 31 Papa John's ( PZZA ) franchises, although he will continue serving as a pitchman for the pizza brand. The former Indianapolis Colts and Denver Broncos quarterback sold his holdings in the Denver-area restaruants on Feb. 26, just before Papa John's and the National Football League pulled the plug on what had been a long-lasting corporate sponsorship . "After six successful and rewarding years, Peyton Manning and Papa John's International have sold their stake in 31 Papa John's locations which were part of a joint-venture," the Kentucky-based chain said in an emailed statement. "Peyton remains an official Papa John's spokesperson and brand ambassador as part of his long-term agreement with the brand." The NFL and Yum Brand ( YUM ) announced in February that Pizza Hut will replace Papa John's as the league's official corporate sponsor . Papa John's said it will focus instead on local partners
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PZZA
Earnings
- 2/29/24 - Beat
PZZA
Sec Filings
- 3/29/24 - Form PX14A6G
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- PZZA's page on the SEC website