Pizza Hut replaces Papa John's as NFL's sponsor

Yum Brands Inc's Pizza Hut on Wednesday said it will be the new official pizza sponsor of the National Football League, after Papa John's International Inc ended an eight-year relationship.

Pizza Hut's multi-year partnership will begin during the 2018 NFL Draft near its global headquarters in Dallas, Pizza Hut said.

Financial terms were not disclosed. 

RELATED: Check out America's favorite pizza chains in the slideshow below:

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6. Chuck E. Cheese's 
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4. Pizza Hut (Yum! Brands)
3. Papa John's International
2. Papa Murphy's
A Domino's Pizza sign stands above the entrance to a Domino's Pizza Group Plc store in Hanwell, London, U.K., on Monday, Feb. 27, 2017. Domino's Pizza said given continued strong new store performance and positive outlook both for its market and brand, it is increasing its long term target for the U.K. to 1,600 stores. Photographer: Jason Alden/Bloomberg via Getty Images
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Papa John's Chief Executive Officer John Schnatter, 56, who founded the company in 1984, came under fire in November after he criticized the NFL's leadership over national anthem protests by players.

Papa John's shares were down about 6 percent in premarket trading. Yum Brands' shares were unchanged.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Bernard Orr)

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