November 06, 2014
FedEx signs on as naming rights partner for FedEx Forum

Participating in this sponsorship deal:

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The naming rights deal with Federal Express, the world's largest international express shipping company that is also headquartered in Memphis, Tenn., is for 20 years and is valued at approximately $90 million. At that price, it would be the second largest annual naming rights deal for a professional basketball facility behind the Staples Center in Los Angeles, which is worth $5.8 million per year.
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