The school has a deal that runs through 2040 with Schnatter himself and not the Papa John's brand, but if Schnatter leaves the company he can rename the building, according to ESPN.
His face was off at least some materials by late morning Friday, though the company said the details and exact timing for everything were still being worked out.
While many have put their relationships with the brand on hold, there were a few teams across the league that made a decision to maintain their deals with Papa John's, disavowing Schnatter's comments and praising the brand for its swift action, while cited long-running partnerships with local store owners and operators who shared their values. The sourced told the AP they were "not aware" of plans to change the brand's name. Schnatter apologized and said he would resign as chairman.
On Wednesday, Schnatter acknowledged the truth of a Forbes story that said he used the N-word during a discussion about public relations with the company's outside marketing agency in May. The promotion allowed baseball fans to get 40 percent off their order at Papa John's the day after any player hit a grand slam by using an online coupon code.
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Crenshaw was booked for battery charges on Tuesday night and his bond was set at $7,500, according to Miami-Dade Corrections. Police said there were no indications that Crenshaw was under the influence of drugs or alcohol at the time of the incident.
In addition to appearing in TV ads, Schnatter's image has been on packaging and at the center of a logo that usually was all over the company's website.
The deal provides that if he leaves the company, Schnatter can rename the building. "But at the moment, you have to be very decisive and show you take this very seriously", Hollingsworth said.
The fallout from Papa John's founder John Schnatter's controversial comment during a conference call continued Friday as University of Louisville president Neeli Bendapudi announced that the school will change the name of its football stadium to Cardinal Stadium from Papa John's Cardinal Stadium. Schnatter released a statement Wednesday apologizing, which said in part, "Regardless of the context, I apologize". Forbes reported that Schnatter used the N-word during a media training exercise.
Papa John's, based in Louisville, Kentucky, began operations in 1984 and had more than 5,200 locations globally.