FedEx Commits $25 Million to University of Memphis Student-Athletes in Landmark NIL Deal - The Tennessee Tribune

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FedEx Commits $25 Million to University of Memphis Student-Athletes in Landmark NIL Deal - The Tennessee Tribune

MEMPHIS, Tenn. (TN Tribune) – FedEx Corp. (NYSE: FDX) announced an NIL (Name, Image and Likeness) program benefiting University of Memphis student-athletes. FedEx will invest $5M per year for the next five years in University of Memphis student-athletes who will be promoting FedEx initiatives, with the program initially centered around football, men’s and women’s basketball, and additional women’s sports. FedEx, whose world headquarters is locat…