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The Independent UK
The Independent UK
National
Tim Reynolds

DARK SECRETS: Miami heat s home arena will get new name after ftx collapse 2f6b3db4 a4f1 4e1c 825e 615523196368 | Rare Historical Photos

FTX Heat Miami Heat Crypto Mercedes MiamiDade County
Copyright 2022 The Associated Press. All rights reserved

The arena where the Miami Heat play will soon have a new name, after the team and Miami-Dade County decided Friday to terminate their relationship with FTX on the same day the cryptocurrency exchange filed for bankruptcy.

The building had been called FTX Arena since June 2021, and a 19-year, $135 million sponsorship agreement between FTX and the county was just getting started.

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