FedEx’s $25M Boost to Memphis Tigers’ NIL Program Creates Sports History
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.
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.
Further corporate support for NIL initiatives in college athletics may increase following FedEx's groundbreaking commitment.
Bottom LineMemphis Tigers benefit from FedEx's substantial investment in a pioneering NIL program, setting a new standard for corporate support in college athletics.
Read more at Sports Illustrated G5 Football Daily News, Analysis and More
The summary of the linked article was generated with the assistance of artificial intelligence technology from OpenAI