The University of Louisville said it will remove the Papa John's name from its football stadium, and that it will rename the John H. Schnatter Center for Free Enterprise at its business college. (July 13)

RESTRICTION SUMMARY: PART MANDATORY COURTESY/NO ACCESS LOUISVILLE

SHOTLIST:

WHAS - MANDATORY COURTESY/NO ACCESS LOUISVILLE

Louisville, Kentucky - 13 July 2018

1. SOUNDBITE (English): Neeli Bendapudi, President, University of Louisville:

"Good afternoon. Just a short while ago I sent out a message to the University of Louisville community and I would like to share that with you. U of L family, in moments of crisis the best communities find a way to come together. Over the last 24 hours, our community has been fractured by the comments made by former U of L trustee John Schnatter. These comments were hurtful and unacceptable and they do not reflect the values of our university. I have decided with the support of our board of trustees to rename our football stadium Cardinal Stadium and to remove Mr. Schnatter's name from the Center for Free Enterprise at our college of business effective immediately. I have stated, since my very first day on this job, that my commitment to the University of Louisville is to make it a great place to learn, a great place to work and a great place in which to invest. We can only accomplish this if we truly celebrate diversity, foster equity and aim to achieve inclusion. I appreciate your support as we have reviewed this difficult situation. By taking this action, we renew our community's commitment to speaking up when it matters, doing what is right and coming together as one team, one Cardinal family to heal and move forward. The brightest days for this university are still ahead. Go Cards."

ASSOCIATED PRESS - AP CLIENTS ONLY

Louisville, Kentucky - 12 July 2018

2. Various of stadium (partly covers soundbite)

STORYLINE:

The University of Louisville said it will remove the Papa John's name from its football stadium, and that it will rename the John H. Schnatter Center for Free Enterprise at its business college.

Earlier in the week, the school said Schnatter resigned from its board of trustees.

This week, Papa John's was already trying to further publicly distance itself from Schnatter after Forbes reported he used the N-word during a conference call in May.

Schnatter apologized and said he would resign as chairman.

That prompted the company's stock to recover some of the losses it suffered after the report, and shares were up less than 1 percent Friday.

Schnatter owns nearly 30 percent of the stock.

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