According to CNN Business, FedEx, a major sponsor of the Washington Redskins, has asked the NFL team to change its name.
This comes after mounting pressure from investors who oppose the name's racist connotations.
FedEx said that over 80 groups and shareholders that invest in them demanded that FedEx CEO Frederick Smith "terminate its business and public relationships" with the franchise because of the name.
FedEx sponsors and has naming rights for the stadium the Washington Redskins plays in.
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FedEx is joining the push to rename the Washington Redskins football team, along with other investors who oppose the name's racist origins. The shipping giant,...
on July 3, 2020 • CBS News
WASHINGTON (AP) — The Washington Redskins are shedding that name effective immediately, a person with knowledge of the move said Monday. The person spoke to...
on July 13, 2020 • Seattle Times