Miami-Dade Mayor: FTX paid county $20 million before naming rights deal ended

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MIAMI-DADE COUNTY, Fla. – Miami-Dade County is looking for the next company willing to pay to name the home of the Miami Heat. The 2021 naming rights deal with FTX was for $135 million over 19 years and included annual payments of $2 million to the Miami Heat. “We have to be aggressive moving forward … Read more

The stadium of the Miami Heat will have a new name after the collapse of the FTX

The Houston Texans become the first NFL team to sell

MIAMI, Fla. – The stadium where the Miami Heat play will soon have a new name, after the team and Miami-Dade County decided on Friday to end their relationship with FTX on the same day the cryptocurrency exchange filed for bankruptcy. The building had been called the FTX Arena since June 2021, and the 19-year, … Read more

Cryptocurrency exchange FTX US partners with four Washington, DC sports teams

Cryptocurrency exchange FTX US partners with four Washington DC sports

The company behind four major professional sports teams based in Washington, DC, has announced that FTX US will be their official cryptocurrency exchange and non-fungible token partner. In an announcement made Monday, Monumental Sports and Entertainment, or MSE, He said that FTX US would be the official partner of the Washington Capitals hockey team, the … Read more