ESPN is moving its golf tournament off of one of Donald Trump's courses

The latest big-name company to cut off ties with Republican presidential candidate Donald Trump is ESPN.

The network announced on Monday that it was moving its July 14 Celebrity Golf Classic from Trump's National Golf Club. The shift comes after Trump's comments at his presidential launch speech, in which he labeled some Mexican immigrants "rapists" and drug-runners.

Proceeds from the Celebrity Golf Classic are donated to the Stuart Scott Memorial Cancer Research Fund, which provides medical research funds for minority populations. In its statement, ESPN suggested it wouldn't be appropriate to keep the tournament at Trump's course.

"Our decision reflects our deep feelings for our former colleague and support for inclusion of all sports fans," the network said of Scott, who died in January after a long battle with cancer. "Diversity and inclusion are core values at ESPN and our decision also supports that commitment."

ESPN is the latest in a line of companies to cut ties with Trump following his comments. NBC, Univision, NASCAR, and even Serta mattresses have condemned the real-estate mogul's comments.