By Mark Gallagher
FedEx notified the Redskins in a July 2 letter that unless they change their name, the shipping giant, which is in the midst of a multi-million-dollar stadium naming rights deal with the club, will pull its signage from the venue following the 2020 season, according to the Post.
That would put an end to the $205 million naming rights deal — which FedEx and Washington signed back in 1999 — six years prematurely.
The private letter goes a bit more in-depth.
According to the Post, which was given a summary of the contents of the letter, FedEx relayed that its company was founded on a “people-first philosophy” and practiced diversity and inclusion. Being associated with the team name flies in the face of that mission statement and jeopardizes what makes FedEx customers feel favorable about the company. The letter closed with FedEx hoping that a name change was on the horizon and could create a more positive perception of the club and lessen the company’s concerns.