FedEx, Memphis enter $25M NIL partnership

(Photo credit: Jerry Lai-USA TODAY NETWORK)
FedEx is entering into a five-year, $25 million name, image and likeness commitment that will benefit student-athletes at Memphis, particularly in the Tigers' football and men's and women's basketball programs, as well as additional women's sports.

The shipping giant, which launched its operations in Memphis in 1973, has annual revenues of $88 billion.

As part of the initiativ