LBMS is a 136-acre multi-purpose sports and entertainment complex centered around the iconic Stadium. The Stadium was opened in 1965 as Memphis Memorial Stadium. Over the years the Stadium and Fairgrounds have seen numerous renovations and expansions, and now has a capacity of 58,325. The complex has been managed by Spectra Venue Management since 2011. The Stadium is home to the University of Memphis Tigers, Southern Heritage Classic and AutoZone Liberty Bowl. In addition to football, the venue accommodates other events such as concerts, family shows, band competitions and corporate events.