When Manning first signed with the Broncos in 2012, he also acquired 31 Denver Papa John's franchises as part of a joint venture with Papa John's global.
It wasn't long before the National Football League had a new pizza partner after its break-up with the papa.
Manning originally brought 21 franchises in 2012 after signing with the Broncos, but his decision to part ways with his franchises is only the latest bad public relations blow to befall Papa Johns.
Manning, a two-time Super Bowl-winning quarterback, sold his stake in 31 Denver-area Papa John's franchises last month, according to USA Today. "Also, Papa John's being the Official Pizza of the Denver Broncos makes this even more exciting". The company's latest contract with the league "mutually" ended on February 28, a day before the NFL agreed to a new deal with Pizza Hut.
Manning is not completely divorcing from Papa John's, though.
While he's not expressed much interest in joining the broadcast booth, Peyton Manning has 10 million reasons to give it some additional thought. "The NFL has hurt us by not resolving the current debacle to the players' and [team] owners' satisfaction", he said in a conference call with investors.
An existing Papa John's franchisee who operates "a substantial number of Papa John's locations in large markets" acquired the 31 stores, he said.