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FedEx Discussions
Enough Sport Sponsorship
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<blockquote data-quote="FedEx2000" data-source="post: 1014394" data-attributes="member: 13621"><p>In case you have all forgotten, FedEx did not re-up the sponsorship of the Orange Bowl last year. As for FedEx Field, FedEx Cup, Nascar, etc...it's called a contract. The FedEx Field naming rights was a 20 year contract if I remember correctly.....usually there are major financial penalties for terminating a contract early. More benefit to ride out the rest of the contract than to pay a penalty in most cases. For example, do you wait another year for your cell phone contract to expire before switching, or do you pay the $200 or so to get out now and switch carriers? Most ride it out and switch after it expires.</p></blockquote><p></p>
[QUOTE="FedEx2000, post: 1014394, member: 13621"] In case you have all forgotten, FedEx did not re-up the sponsorship of the Orange Bowl last year. As for FedEx Field, FedEx Cup, Nascar, etc...it's called a contract. The FedEx Field naming rights was a 20 year contract if I remember correctly.....usually there are major financial penalties for terminating a contract early. More benefit to ride out the rest of the contract than to pay a penalty in most cases. For example, do you wait another year for your cell phone contract to expire before switching, or do you pay the $200 or so to get out now and switch carriers? Most ride it out and switch after it expires. [/QUOTE]
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