The Memphis City Council voted on Tuesday to pass a resolution to formally transfer the Simmons Bank Liberty Stadium to the University of Memphis, but the vote was only held after Memphis City Councilor JB Smiley withdrew a second resolution that would have established city oversight over the stadium under the university’s ownership.
Additionally, Memphis will direct $120 million of funds granted by the Tennessee General Assembly to the university to improve the stadium’s facilities.
The Simmons Bank Liberty Stadium hosts the University of Memphis Tigers, Southern Heritage Classic, and AutoZone Liberty Bowl.
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