The long-lasting partnership between FedEx and the Grizzlies

The writing was on the wall for the Vancouver Grizzlies when the Canadian dollar weakened after the 1998/99 NBA lockout, which caused Orca Bay Sports and Entertainment to lose money with the franchise.

Eventually, the franchise was sold to Michael Heisley, who moved the team to Memphis, Tennessee, in 2001.

While it was sad for the Vancouver fans, the move was one of the most exciting developments in Memphis history. The city quickly embraced its NBA team and has never let go since.

One of the people most excited about the Grizzlies' arrival in Memphis was FedEx chairman and founder Frederick W. Smith.

"There's just a different mood in the city. It gives the city a point of pride," Smith said in The Commercial Appeal about the Grizzlies' arrival in Memphis.

Smith's long-lasting ties with the Grizzlies

Since Fred grew up in the Memphis area and studied at local schools, he has a deep connection with the city. Smith became a businessman, and over time, he gained a controlling interest in Ark Aviation Sales.

Smith used his inheritance and the knowledge he gained as a businessman to found Federal Express (FedEx).

FedEx became a mega company with headquarters in Memphis, Tennessee. That connection with the city became more robust over the years when FedEx purchased the naming rights for the Grizzlies NBA arena.

Through the years, Smith has always been among the standout supporters of the Grizzlies. It has been a big deal for the city because a world-renowned company has shown its support for the sports team within the same city.

Grizzlies changed the narrative about Memphis

With the rise of sports around the United States, Memphis was never the city that garnered the most attention.

However, the Grizzlies changed that narrative because they showcased how passionate the Memphis fan base is about their sports team.

The local college basketball team also became a powerhouse, playing many home games at FedEx Forum.

Smith was pleased seeing the Grizzlies partner up with FedEx because it showcased a partnership between two of the city's leading organizations - both of whom encourage a hard-working attitude.

Related: Ranking the best seasons in Grizzlies franchise history