Major League Baseball team the Cleveland Indians will review their team name in order to "embrace their responsibility to advance social justice and equality".
As pressure continues to mount on Washington Redskins owner Daniel Snyder to change the name, the sports world's most friendly team is willing to reach out a helping hand - for a price.
Indians officials released a statement late Friday indicating the club has engaged in internal conversations about the "best path forward" regarding the team's name.
Frederick Smith, the chairman, FedEx's CEO and president, owns a minority stake in the Redskins.
As CNBC noted, FedEx paid $205 million in 1998 for Washington's stadium naming rights in a deal that runs through 2025.
Some netizens came to the team name's defence, arguing that the name was not offensive, even to many Native Americans. The team's stadium branded host, FedEx, was among those exercising the most pressure, while sportswear giant Nike pulled all merchandise related to the Washington Redskins from its online store.
Asked last month about the name, a spokesman said the team had no comment.
PepsiCo, one of Washington's title sponsors, praised the team's decision to conduct a review.
The NFL team in our nation's capital has always been a lightning rod for racial criticism for its appalling team moniker, the Washington Redskins.
Earlier this week, a group of 87 investment firms, with assets worth a combined $620 billion, sent separate letters to three key team sponsors - FedEx, Nike and PepsiCo.
"Just like black people stood up, I feel like Native Americans, they should have the same rights to do the same", said Chuky Torley.