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Richard Smith: U of M ownership key ‘condition’ of $50M gift

By , Daily Memphian Updated: December 06, 2023 1:53 PM CT | Published: December 05, 2023 7:15 AM CT

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

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Richard Smith University of Memphis Simmons Bank Liberty Stadium Subscriber Only

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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 in Midtown, there’s a good chance he is Midtown Donuts' top customer.


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