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March 10, 2004

Contact: Fred Jones
Summitt Management Corp.
901-398-6655

Southern Heritage Classic booked for its 20th year

Two universities sign multi-year deals to take the Classic into the future

MEMPHIS – The Southern Heritage Classic presented by FedEx will be celebrating its 15th anniversary this year and is already looking forward to its 20-year milestone. That’s because Summitt Management Corporation has signed new multi-year contracts with Tennessee State University and Jackson State University. The TSU pact is for five years (2005-2009), taking the event to the two-decade mark. JSU preferred a three-year contract (2005-2007).

The Classic football game is the largest annual single-day event in Memphis. “An event that can last for a decade and a half has certainly established itself,” said Fred Jones, president of Summitt Management, “and now with these new contracts, we can show the community and our corporate partners that we’ll be here for a long time to come and will continue to be a source of pride for Memphis.

SOUTHERN HERITAGE CLASSIC
presented by FedEx

“These contract extensions display the universities’ appreciation for the success of the Classic and a belief in a future together. Memphis has always been an important market for them, from recruiting athletes to enrolling students. The Classic gives them a showcase, and in turn, they give Memphis a real crowd-drawing event.”
The contracts provide that each school will be paid $250,000 a year to participate in the Classic. Each football team will get $230,000, while each marching band will take home $20,000 for their show-in-itself appearances at half time.

The Southern Heritage Classic debuted in 1990, pitting TSU from Nashville, Tenn., against JSU from Jackson, Miss. The Classic is produced under the auspices of Summitt Management’s subsidiary, SMC Entertainment.

The 15th annual Southern Heritage Classic presented by FedEx is scheduled for September 16-18.

For information on the classic events go online to www.southernheritageclassic.com.

Summitt Management can be reached via email at smc@lunaweb.net.

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