FedEx backs out of Commanders naming-rights agreement
John Keim covers the Washington Commanders for ESPN and has been with the organization since 2013. FedEx ended its naming-rights agreement with the Commanders two years early, costing the team $15 million in revenue. The Commanders are now searching for a new sponsor and considering new stadium sites. The franchise has seen changes in ownership, new sponsorships, and improvements to the team under new leadership. FedEx’s decision to end the naming rights deal was influenced by past disputes with the team’s former owner. The Commanders have a high draft pick and cap space to improve their team for the upcoming season.
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