The venue also has the capability of hosting ice hockey games, concerts, and family shows.

The arena officially opened in September 2004 after much debate and also a derecho wind storm on July 22, 2003, that nearly brought down the cranes that were building it near the famed Beale Street.

FedExForum's interior was designed to pay tribute to Memphis' musical heritage, with paintings and murals depicting some of the city's most famous artists including Justin Timberlake, Elvis Presley, and B.B.

The idea came when a fan of the NBA's New Jersey Nets who sat behind the basket at Continental Airlines Arena sent an e-mail to NBA Commissioner David Stern, asking for technology to improve his view, and Daktronics obliged with the innovation at FedExForum in 2004.

[8] On September 25, 2004, FedExForum hosted the Roy Jones Jr. vs. Glen Johnson for the IBF Light heavyweight title.

In 2007, World Wrestling Entertainment's Unforgiven took place on September 16, headlined by The Undertaker and Mark Henry, and the PMG Clash of Legends independent show on April 27, featuring Hulk Hogan versus Paul Wight.

One notable instance of WWE at the arena was when Daniel Bryan "occupied" Raw with hundreds of his fans inside the ring and surrounding the ringside area on March 10, 2014.

[9] On December 12, 2009, FedExForum hosted an Ultimate Fighting Championship lightweight title fight, UFC 107: Penn vs. Sanchez In August 2010, the Professional Bull Riders' Built Ford Tough Series tour made their first appearance at FedExForum.

It is the largest Pentecostal denomination in the United States held their annual Convocation at the FedExForum from 2004 to 2007.

[13] In 2017, the Grizzlies announced a $1.8 million renovation to the arena,[14] which includes an HD scoreboard four times the size of the former, new HD displays, new LED lighting, and other additional fan amenities, which were completed in time for the beginning of the 2017-2018 NBA Season.