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FedEx has sent a private letter to the Washington Redskins, warning that all stadium branding and signage will be removed unless the team changes its name. The threat comes after FedEx signed a 27-year, $205 million naming rights deal with the Redskins in 1999 for FedEx Field. The letter, sent on July 2nd, states that the team's current name could harm the FedEx brand reputation. NFL Commissioner Roger Goodell and other sponsors have expressed support for a name change, and the Redskins are considering the possibility. FedEx stock rose by 1.7 percent after this news.