Memphis Tigers secure $5 million per year for five years from FedEx for NIL program benefitting University of Memphis student-athletes across various sports.

By the Numbers
  • FedEx to invest $5 million dollars per year for the next five years in Memphis student-athletes promoting FedEx initiatives.
  • Program initially focused on football, men's and women's basketball, and additional women's sports.
Yes, But

No significant counterarguments or complexities are mentioned in the article.

State of Play
  • FedEx's first official NIL initiative was during Memphis' spring game on April 20.
  • This initiative marks a significant move in the evolving landscape of NIL opportunities for student-athletes.
What's Next

Further corporate support for NIL initiatives in college athletics may increase following FedEx's groundbreaking commitment.

Bottom Line

Memphis Tigers benefit from FedEx's substantial investment in a pioneering NIL program, setting a new standard for corporate support in college athletics.