FedEx founder to help fund Liberty Stadium renovations; U of M could control stadium
Fred Smith, founder of FedEx Corp., has gifted $50 million toward the Simmons Bank Liberty Stadium renovation. (Andrew Harnik/AP Photo file)
In something of a domino effect, the Smith family donation for the Simmons Bank Liberty Stadium will free up cash for the Memphis Grizzlies and the City of Memphis to do renovations at FedExForum.
Related story:
Calkins: Fred Smith rides to the rescue (with $50 million) to forge a stunning stadium deal
Topics
Memphis Grizzlies FedExForum Simmons Bank Liberty Stadium Fred Smith Mayor Jim Strickland Paul YoungSamuel Hardiman
Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. He began his journalism career at the Tulsa World in Tulsa, Oklahoma, where he covered business and, later, 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 Memphis Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on Elon Musk’s xAI, regional energy needs and how Memphis and Shelby County government spend taxpayer dollars.
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.