Sports authority sends $1M to city, county for Grizzlies subsidy
The $1 million from the Memphis-Shelby County Sports Authority comes from the surplus revenues that pay the bonds on FedExForum. (Patrick Lantrip/The Daily Memphian file)
The Memphis-Shelby County Sports Authority is the board that owns FedExForum’s debt and pays the bonds for the publicly owned arena.
Topics
Memphis-Shelby County Sports Authority Memphis Grizzlies FedExForumSamuel 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.
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.