MEMPHIS (AP) — FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost...
MEMPHIS — FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost for the school's name, image and likeness compensation efforts.
“This gives us an opportunity to invest in bright, young athletes in our great hometown of Memphis, strengthening our connection to the next generation of leaders,” FedEx executive vice president and chief marketing officer Brian Phillips said in a statement.The company is a prominent presence in Memphis Sports. The NBA's Grizzlies and Memphis basketball play at the FedEx Forum and its a sponsor for the PGA's FedEx St. Jude Classic.
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