FedEx announces $25M for Memphis NIL deal

By , Daily Memphian Updated: April 19, 2024 5:48 PM CT | Published: April 19, 2024 8:17 AM CT

The Memphis-based American multinational conglomerate is investing $5 million per year for the next five years in University of Memphis student-athletes “who will be promoting FedEx initiatives,” according to a press release.


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Parth Upadhyaya

Parth Upadhyaya

Parth Upadhyaya covers the Memphis Tigers men’s basketball team. A Raleigh, N.C., native and a graduate of UNC-Chapel Hill’s Hussman School of Media and Journalism, Upadhyaya is a longtime college hoops junkie. Prior to joining The Daily Memphian in 2022, he covered high school sports in western Pennsylvania for the Beaver County Times and Penn State football for the Centre Daily Times.


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