Richard Smith: U of M ownership key ‘condition’ of $50M gift
FedEx executive Richard Smith said Tuesday that the family could pull its pledged $50 million gift if the Memphis City Council does not transfer ownership of Simmons Bank Liberty Stadium to the U of M.(Houston Cofield/The Daily Memphian file)
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 Only2025 is almost over. Now is the time to support your trusted local news source.
Will you help us reach more Memphians with quality, in-depth local news? Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization, today.
Thank you for keeping up with what’s happening in Memphis. Thank you for investing in our community’s trusted local news source.
Samuel Hardiman
Samuel Hardiman is an enterprise reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on the intersection of government, public policy, influence and how public dollars are spent.
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.