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City of Memphis

Tennessee General Assembly approves $350M in Memphis stadium funding

By , Daily Memphian Updated: April 20, 2023 8:37 PM CT | Published: April 20, 2023 12:18 PM CT
<div class="c-scrollbar__hider" role="presentation" data-qa="slack_kit_scrollbar"><div class="c-scrollbar__child" role="presentation"><div class="c-virtual_list__scroll_container" tabindex="-1" role="list" data-qa="slack_kit_list" aria-label="Holly Whitfield (direct message, away)"><div id="1682010010.436899" class="c-virtual_list__item c-virtual_list__item--initial-activeitem" tabindex="0" role="listitem" aria-setsize="-1" data-qa="virtual-list-item" data-item-key="1682010010.436899"><div class="c-message_kit__background c-message_kit__background--hovered p-message_pane_message__message c-message_kit__message p-message_pane_message__message--last" role="presentation" data-qa="message_container" data-qa-unprocessed="false" data-qa-placeholder="false"><div class="c-message_kit__hover c-message_kit__hover--hovered" role="document" aria-roledescription="message" data-qa-hover="true"><div class="c-message_kit__actions c-message_kit__actions--default"><div class="c-message_kit__gutter"><div class="c-message_kit__gutter__right" role="presentation" data-qa="message_content"><div class="c-message_kit__blocks c-message_kit__blocks--rich_text"><div class="c-message__message_blocks c-message__message_blocks--rich_text" data-qa="message-text"><div class="p-block_kit_renderer" data-qa="block-kit-renderer"><div class="p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"><div class="p-rich_text_block" dir="auto"><div class="p-rich_text_section"><strong data-stringify-type="bold">FedEx paid $92 million for naming rights in 2004 when FedExForum opened.&nbsp;</strong>(The Daily Memphian file)</div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>

The funding, which is part of Gov. Bill Lee’s budget for the coming year, was approved with an amendment to allow the cash to be used for all city-owned stadiums.

Topics

FedExForum Tennessee General Assembly Gov. Bill Lee Memphis Mayor Jim Strickland
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.

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