FedEx Calls For Washington Redskins To Change Name Unlisted Video
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.
Similar investor letters were also sent to the CEOs of Nike, which produces the Redskins uniforms and equipment, and Pepsi, its snack and beverage partner.
Investors credited the Black Lives Matter movement for shining light on centuries of systemic racism.
Investors added, "It is time for FedEx to meet the magnitude of this moment, to make their opposition to the racist team name clear, and to take tangible and meaningful steps.."
-
0:31
WFTX
3 years agoWashington Redskins change their name
19.2K -
31:16
WFTX
3 years agoWashington Redskins change their name
3.49K -
0:59
Just the News
3 years agoFedEx asks Washington Redskins football team to change its name
2.84K -
0:40
Newsy
3 years agoWashington Redskins Will Change Team Name
288 -
0:19
KTNV
3 years agoWashington Redskins could be changing name
89 -
0:35
Just the News
3 years agoDonald Trump responds to calls to change the name of the Redskins and Indians
7.21K -
0:28
Just the News
3 years agoNFL's Redskins change name to 'Washington Football Team
12.3K -
1:11
Just the News
3 years agoRedskins to have review to consider name change
12.4K -
2:51
Newsy
3 years agoWashington Redskins May Drop Team Name Under Pressure From Sponsors
1.96K -
0:48
KTNV
3 years agoRaiders player reacts to Redskins change
30