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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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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