Heat to stop using FTX name for home arena following cryptocurrency company's bankruptcy trial

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Miami Heat will no longer play at FTX Arena after a federal bankruptcy judge retroactively ended Miami-Dade County's naming rights agreement with the cryptocurrency company.

MIAMI, FLORIDA - OCTOBER 21: An exterior view of FTX Arena prior to a game between the Boston Celtics and Miami Heat at FTX Arena on October 21, 2022 in Miami, Florida.

User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. a federal bankruptcy judge retroactively ended Miami-Dade County's naming rights agreementThe two sides originally agreed to a 19-year, $135 million deal to change the name of the building from American Airlines Arena to FTX Arena in 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 247. in CA

Canada Canada Latest News, Canada Canada Headlines