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

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

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FTX bankruptcy judge ends $135 million naming-rights deal for Miami Heat's FTX ArenaFTX bankruptcy judge ends $135 million naming-rights deal for Miami Heat's FTX ArenaFTX Arena will be striped of its name, after a judge ended the deal between FTX and Miami-Dade County, according to several reports.
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Bankruptcy judge terminates FTX naming rights for Miami Heat arena: Miami HeraldBankruptcy judge terminates FTX naming rights for Miami Heat arena: Miami HeraldA federal bankruptcy judge on Wednesday terminated FTX's naming-rights deal with Miami-Dade county for the downtown arena where the NBA's Miami Heat play, the Miami Herald reported.
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Miami-Dade gains right to remove FTX name from Heat arenaMiami-Dade gains right to remove FTX name from Heat arenaThe Miami Heat arena will remove the FTX advertising branding from its entrances, basketball courts and employee cards.
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FTX name can be stripped from Miami Heat arena, bankruptcy court rulesFTX name can be stripped from Miami Heat arena, bankruptcy court rulesThe naming rights deal between FTX and Miami-Dade County has been terminated by a federal bankruptcy court following the collapse of the cryptocurrency exchange.
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Goodbye FTX Arena: Miami Heat Stadium Ditches Crypto SponsorGoodbye FTX Arena: Miami Heat Stadium Ditches Crypto SponsorA federal bankruptcy judge approved the termination of the 19-year, $135 million naming-rights deal between Miami-Dade County and FTX
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Miami-Dade wins right to strip FTX name off Heat arenaMiami-Dade wins right to strip FTX name off Heat arenaMIAMI (AP) — The naming rights deal between FTX and Miami-Dade County was terminated Wednesday by a federal bankruptcy court, a move that allows the collapsed cryptocurrency exchange's brand to be stripped from the arena where the NBA’s Miami Heat play.
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