$25 Million NIL Pledge by FEDEX to Univ of Memphis
- The Lindsey Street Insider Board
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FedEx Announces Transformational NIL Program for University of Memphis Student-Athletes
FedEx Corp. has announced an NIL (name, image and likeness) commitment of $5 million per year for the next five years to benefit our University of Memphis student-athletes. This program presents meaningful opportunities for our student-athletes to promote key FedEx initiatives.“FedEx has established itself as a leader in NIL with this innovative commitment to our student-athletes," said UofM President Bill Hardgrave. "The University is immensely grateful for this investment, which further strengthens the valued relationship between FedEx, the UofM and our community."
Behind the vision of FedEx with support from national industry experts Altius Sports Partners, the program will initially center around football, men’s and women’s basketball and additional women’s sports. Student-athletes will be provided the opportunity to capitalize on their name, image and likeness through opportunities that will include social media programs, in-person events, FedEx Cares initiatives and more as FedEx continues its longstanding commitment to investing in its hometown and our future leaders.
FedEx will host its first in-person NIL initiative with a tailgate experience at the Tigers' Spring Football Game on Saturday, April 20.
https://www.memphis.edu/mediaroom/releases/2024/april/uofm-fedex-nil-commitment.php