Penny Hardaway Reveals $2.6M Personal Investment for Memphis Tigers

Getty Images At American Conference Media Day on Monday in Tampa, Memphis coach Penny Hardaway said that he contributed $2.6 million of his own money toward his team’s revenue sharing for the 2026-27 season. Hardaway told the Commercial Appeal that Memphis’ total revenue-sharing amount this season is $9 million. “They didn’t ask me to do it, they were saying if you want more money, you have to put your money in. So I did,” Hardaway told Jason Munz of the Commercial Appeal. “I didn’t want to fail two years in a row, because I already know what that means for…