Fedex pulls out 200 million$ deal

[FedupExpress]

Commanders get blindsided by FedEx with company deciding to pull out of $205 million stadium naming deal

FedEx had a clause in contract to opt out of the deal if the team ever underwent an ownership change

www.cbssports.com

 

[bacha29]

Commanders get blindsided by FedEx with company deciding to pull out of $205 million stadium naming deal

FedEx had a clause in contract to opt out of the deal if the team ever underwent an ownership change

www.cbssports.com

This was reported under the Forfeiting Naming Rights post. FDX would have owed the 15 million left under the terms of the contract but pulled out 2 years earlier under the change of ownership clause.