Premium

Here’s where the $550 million for FedExForum renovations is coming from

By , Daily Memphian Updated: August 19, 2025 11:10 AM CT | Published: August 19, 2025 4:00 AM CT

Planned FedExForum renovations could take place throughout seven to 12 years, according to documents obtained by The Daily Memphian and sources close to the deal. 

Draft funding documents and people familiar with the matter who spoke to The Daily Memphian make clear that Memphis and Shelby County governments have scoured their proverbial couch cushions for the $550 million.

This is an excerpt of this story. To read more, please click here and subscribe.

Topics

Subscriber Only FedExForum Memphis Grizzlies

We’re in the final countdown of 2025. ⌛🪩🎉

Will you make a donation before the ball drops on New Year’s Eve to fuel trustworthy reporting in the new year?

➡️ Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization.

We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now!

Samuel Hardiman

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