http://msn.foxsports.com/cfb/story/FedEx-would-pay-conference-10-million-to-add-Memphis-report-says-061210
FedEx reportedly is prepared to deliver big bucks to any BCS conference willing to add the University of Memphis.
FedEx’s chief executive, Fred Smith, has told conferences his company would pay one of them up to $10 million a year if they invite Memphis, CBSSports.com reported Saturday.
An anonymous source described as close to the Memphis athletic program told CBSSports.com: "It could be $10 million every year for a conference to use however it sees fit. When you think of the big picture, it could be the equivalent of a five-year, $50 million contract or a 10-year, $100-million contract. Fred is talking about a massive amount of money."
FedEx is based in Memphis. Cannon Smith, son of the company’s CEO, is a quarterback for Memphis. He sat out last season after transferring from Miami.
FedEx reportedly is prepared to deliver big bucks to any BCS conference willing to add the University of Memphis.
FedEx’s chief executive, Fred Smith, has told conferences his company would pay one of them up to $10 million a year if they invite Memphis, CBSSports.com reported Saturday.
An anonymous source described as close to the Memphis athletic program told CBSSports.com: "It could be $10 million every year for a conference to use however it sees fit. When you think of the big picture, it could be the equivalent of a five-year, $50 million contract or a 10-year, $100-million contract. Fred is talking about a massive amount of money."
FedEx is based in Memphis. Cannon Smith, son of the company’s CEO, is a quarterback for Memphis. He sat out last season after transferring from Miami.
