Premium

Richard Smith: U of M ownership key ‘condition’ of $50M gift

By , Daily Memphian Updated: December 06, 2023 1:53 PM CT | Published: December 05, 2023 7:15 AM CT

Richard Smith said Tuesday that the family could pull its pledged $50 million gift if the Memphis City Council doesn’t transfer ownership of Simmons Bank Liberty Stadium to the University of Memphis.

Related story:

Council member’s push for U of M foundation board seats could stall Liberty stadium deal

Topics

Richard Smith University of Memphis Simmons Bank Liberty Stadium Subscriber Only

Thank you for supporting local journalism.

Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.

Samuel Hardiman

Samuel Hardiman

Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. A native Rhode Islander who lives Downtown, he enjoys tennis, golf and reading.


Comments

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here