City, U of M working to finish stadium transfer
As part of a deal agreed to last year, FedEx founder Fred Smith and his family will donate $50 million to the Simmons Bank Liberty Stadium renovations and the University of Memphis must find another $50 million to match. (Patrick Lantrip/Daily Memphian)
It has been more than a month since the Memphis City Council voted to give the University of Memphis Auxiliary Services Foundation ownership of Simmons Bank Liberty Stadium and $120 million in cash. The stadium still belongs to the City of Memphis.
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Memphis City Council University of Memphis Auxiliary Services Foundation Simmons Bank Liberty Stadium city of MemphisSamuel 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.
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