FDX's Naming Rights Buying Spree

FDX bought the naming rights to an e-sports team, most notable for their super smash bros team for $210 million. They also bought some generic real estate, and by generic I mean grotesquely expensive fancy real estate. Yeah, they bought a penthouse for $30 million. This is a hangout inside of some fancy private resort area in the Bahamas. That's a business expense. You buy a bank, you become a bank. Thanks make money.