Memphis Secures Jersey Patch Sponsorship with FedEx

The University of Memphis has reportedly finalized a jersey patch sponsorship agreement with FedEx. This development was initially reported by Yahoo! Sports' Ross Dellenger, as cited by On3.com. The financial terms of the deal indicate a significant investment, with Dellenger stating on X (formerly Twitter) that the agreement is valued "well into the millions."

FedEx's partnership with the University of Memphis is not new, as the company has a long-standing relationship with the institution. This sponsorship specifically focuses on the placement of the FedEx logo as a patch on the university's athletic jerseys.

The agreement highlights a growing trend in collegiate sports where universities are leveraging their brands for significant corporate sponsorships, particularly with the introduction of jersey patches. The reported multi-million dollar value underscores the increasing commercialization and financial opportunities within college athletics.