Jason Merritt/Getty Images

Papa John's Pulls NFL Ads: Anthem Protests Are Hurting Business

Papa John's is, well, was the official pizza of the NFL. However the pizza company is not satisfied with the National Anthem Protests "We are disappointed the NFL and its leadership did not resolve this."

Via Hot New Hip Hop:

According to ESPN's Darren Rovell,

"The NFL has hurt us," Papa John's founder and CEO John Schnatter said. "We are disappointed the NFL and its leadership did not resolve this."

Schnatter added, "Leadership starts at the top and this is an example of poor leadership," noting he thought the issue had been "nipped in the bud" a year and a half ago.

Papa John's not only has a deal with the NFL but 23 individual teams, and ever since the NFL protests they've seen a decline in revenue.

Via Hot New Hip Hop:

According to Bloomberg, "Papa John’s shares fell the most in eight months on Wednesday after third-quarter same-store sales missed analysts’ estimates. The Louisville, Kentucky-based company also trimmed its revenue and profit forecasts for the year."

ESPN's Darren Rovell reports,

"In revising sales estimates for the next quarter, Papa John's president and COO Steve Ritchie said on the call that the NFL deal was the primary suspect behind the decline and that "we expect it to persist unless a solution is put in place."

Papa John’s has been the NFL’s official pizza sponsor since 2010 and Schnatter, who founded the company in 1984, donated to Trump’s campaign and has railed against government regulations.