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Shaq to receive $4M for Papa John's endorsement

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Former professional basketball player Shaquille O’Neal will be paid at least $4.1 million as the new face of Papa John's.

In exchange for the payment to his company, ABG-Shaq, O'Neal will lend his likeness, nickname and other intellectual property to advertisements over three years.

Papa John's also will cover O'Neal's marketing and personal service expenses, as well as grant him stock in the company.

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