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Yankees suspend relationship with Papa John's after founder uses N-word

The New York Yankees have joined the growing list of businesses which are distancing themselves from Papa John's.

The club released this statement Friday afternoon:

"In response to the reprehensible remarks made by Papa John's founder and owner, the New York Yankees are suspending their relationship with the company."

Papa John's founder John Schnatter resigned as chairman of the board on Wednesday, hours after Schnatter apologized for using a racial slur during a conference call in May.

Forbes said Schnatter used the N-word during a media training exercise. When asked how he would distance himself from racist groups, Schnatter reportedly complained that Colonel Sanders never faced a backlash for using the word.