"Memphis Athletics Secures Record-Breaking $25M NIL Deal with FedEx"
Originally Published 1 year ago — by ESPN
FedEx has pledged $25 million over the next five years to sponsor University of Memphis athletes as part of the school's name, image, and likeness compensation efforts, with a focus on football, men's and women's basketball, and other women's sports. The deal, facilitated by Altius Sports Partners, will provide $5 million per year, significantly benefiting the school's athletic programs in the American Athletic Conference and strengthening FedEx's connection to the next generation of leaders in its hometown of Memphis.