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Peyton Manning sells 31 Papa John's stores before league sponsorship change: reports

Peyton Manning no longer has an ownership stake in Papa John's stores.

The two-time Super Bowl winning quarterback and five-time league MVP from New Orleans sold his 31 Denver-area Papa John's stores two days before the NFL dropped the national pizza chain as an official sponsor, the Denver Post reported.

Manning, however, will continue as a spokesman and brand ambassador as part of a long-term contract he has with the pizza chain, the New York Post reported.

Papa John's still has marketing deals with 22 of 32 NFL teams, the Post reported.