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FedEx pledges $25M over 5 years to NIL program at Memphis
Posted on 4/19/24 at 10:38 am
Posted on 4/19/24 at 10:38 am
LINK
quote:
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.
The Memphis-based shipping giant said the program will initially focus on football, men's and women's basketball and other women's sports. The deal was facilitated by Altius Sports Partners, a company that works with dozens of schools on NIL activities.
The deal is for $5 million per year, an especially significant sum for a school that does not play in a wealthy power conference. The Tigers compete in the American Athletic Conference.
6
Posted on 4/19/24 at 10:40 am to WPBTiger
I always hated talking Money in the pros.........now its all over College Sports.
Posted on 4/19/24 at 10:42 am to WPBTiger
Big for Memphis
Posted on 4/19/24 at 10:45 am to WPBTiger
I'd spend that $25m up front before new rules get in place in the next couple of years.
Posted on 4/19/24 at 10:50 am to Ssubba
There goes Tulane’s edge .. see ya greenies 
Posted on 4/19/24 at 11:05 am to WPBTiger
Just a regular reminder we have the best fight song in college sports.
Go Tigers Go
And as always, frick Ole Miss.
Go Tigers Go
And as always, frick Ole Miss.
Posted on 4/19/24 at 12:16 pm to WPBTiger
That’s it.
Changing my company’s preferred shipper to UPS.
Until they start sponsoring Georgia.
shite.
What’s DHL’s status these days?
Changing my company’s preferred shipper to UPS.
Until they start sponsoring Georgia.
shite.
What’s DHL’s status these days?
Posted on 4/19/24 at 12:16 pm to WPBTiger
quote:
The Memphis-based shipping giant said the program will initially focus on football, men's and women's basketball and other women's sports.
So, $3M to football, $2.5M to Men's bball, and $500k to all other women's sports.
Posted on 4/19/24 at 12:23 pm to Ssubba
quote:
I'd spend that $25m up front before new rules get in place in the next couple of years.
What rules? Any rules will be deemed unconstitutional. You cant limit somebody’s ability to make money.
Now the schools could agree on making real contracts but they wont because they like stealing players from each other
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