Yahoo Finance's Dan Roberts breaks down the latest in Shaquille O'Neal's partnership with Papa John's and how some are pulling for him to be removed from its board.

Video Transcript

JEN ROGERS: Dan Roberts, while we have you, Shaquille O'Neal and Papa John's. We've got a proxy firm-- first, when Shaq joined the Papa John's board, there was just-- it was nothing bad about it. All good news.

Now we've got a proxy firm coming out. They want Shaq off because he's been missing too many meetings. How many is too many meetings?

DAN ROBERTS: Jen, it's a wild story, because Shaq's partnership with Papa John's, by all accounts, was positive in every way.

I mean, he was signing on, not only to be a franchisee with nine locations that they've branded as, you know, Papa Shaq's-- which feels like the branding of the new company, even if it's not officially called that. You know, some people had suggested they change the name.

But not only did he sign onto own nine franchises, he also joined the board. And he's clearly the new marketing face of the company.

But there were 16 board meetings in 2019, and Shaq is the only board member who did not make 75% of them. So that would be 12. He did not make it to 12.

I don't know how many he made it to. But it means he missed at least five of those meetings.

But he's a busy man. He's got a lot of other endorsement deals. And what Papa John's says in its SEC filing-- and all of this is about the April 23 shareholders meeting coming up. Papa John's says, well, he missed those meetings due to other burdens and meetings and requirements that we don't expect to continue in 2020.

So maybe it was things relating to Ring or National General or Krispy Kreme. I mean he's an endorser of like, 30 different things.

But they're basically trying to say, look, he'll be at more of the meetings next year. But this proxy firm, ISS, or Institutional Shareholder Services, is encouraging shareholders not to vote for his re-election to the board.

JEN ROGERS: I feel like he could Zoom or Google Hangout into meetings. Maybe in the future.

DAN ROBERTS: Well, right, I mean, all this was pre-coronavirus. Everything has changed now. That's a very fair point.

What are the board meetings going to look like in 2020? And that shareholders meeting on April 23, that is not going to be an in-person meeting.

JEN ROGERS: Is anything in person? Not-- not anymore. All right, Dan Roberts, stick around.

We got the CEO of Angie Home Services up. Brandon Ridenour is coming up on the other side of this.

We're going to be talking about small businesses with him. When you think about small business, it's not just retail. There are millions of small businesses providing trades into homes. That's up next.