Miami Heat’s FTX Arena no more: Judge strikes county deal with bankrupt crypto company
Posted on AllSides January 11th, 2023
From The Left
A federal bankruptcy judge on Wednesday ended the naming-rights agreement between Miami-Dade County and the FTX crypto exchange, ending a two-year stretch of the Miami Heat’s playing in the FTX Arena. The order states Miami-Dade, which owns the downtown Miami facility that the Heat manages, plans to stop using the FTX name immediately and quickly remove all uses of the FTX name from the Miami arena. The county and the Heat both announced their intention to break the 2021 deal with FTX in the days after the company was ensnared...
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