WebNov 25, 2024 · Miami-Dade County, stuck in a 19-year contract with FTX, seeks to rename its arena. Signage for the FTX Arena, where the Miami Heat basketball team plays, is seen illuminated on Saturday. The ... WebNov 11, 2024 · FTX’s sudden collapse has sent billion-dollar ripples throughout the global economy and could soon mean the end of the company’s sports deals, including naming rights for the Miami arena and California Memorial Stadium, used by Cal’s football team. FTX isn’t the first crypto lender whose financial struggles affected a sports team ...
The Wall Street Journal on LinkedIn: The Stadium Branding Curse …
WebApr 4, 2024 · After becoming the arena’s sponsor in 2024, FTX collapsed into bankruptcy late last year. Upon Tuesday’s approval, the name of the Heat’s home arena … WebNov 12, 2024 · Miami-Dade County and the Miami Heat are ending their arena naming rights deal with bankrupt cryptocurrency firm FTX. The county, which owns the arena, … hammerhead shark sighting recently
Miami Heat’s home arena will get new name after FTX …
WebThe FTX Arena, home of the Miami Heat, has become the latest sports venue to sign a naming-rights agreement with a company that later found itself in financial… WebApr 4, 2024 · FTX signed a 19-year deal worth $135 million, but agreed to higher initial payments at the start of its time as the arena’s sponsor. FTX paid $19 million under the agreement before its bankruptcy. WebNov 14, 2024 · The arena where the Miami Heat play will soon have a new name, after the team and Miami-Dade County decided to terminate their relationship with FTX on the same day the cryptocurrency exchange ... buro bangladesh kamrangirchar branch