By Shehan Jeyarajah, CBS Sports: FedEx has announced a massive $25 million name, image and likeness investment in Memphis athletics that will fund $5 million in NIL contracts over each of the next five years in key sports while promoting the company. The deal is believed to be the biggest corporate NIL partnership of its type in college athletics.
The corporation is working with consultant group Altius Sports Partners to administer the deal.
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