Generative Adversarial Network (GAN)-based synthesis of fat suppressed (FS) MRIs from non-FS proton density sequences has the potential to accelerate acquisition of knee MRIs. However, GANs trained on single-site data have poor generalizability to external data. We show that federated learning can improve multi-center generalizability of GANs for synthesizing FS MRIs, while facilitating privacy-preserving multi-institutional collaborations.