NBA's Miami Heat To Be Renamed After

FTX Debacle

November 12, 2022

NBA’s Miami Heat and Miami-Dade County have

terminated their relationship

with FTX.

This came just after FTX group earlier on Friday

filed for bankruptcy.

Miami Heat tweeted and said news regarding FTX was

“extremely disappointing.”

Also, they detailed that they will search for a

new naming rights partner

for their arena.

The building has been called

FTX Arena

since June 2021.

 Also, a

19-year, $135 million sponsorship

agreement between FTX and the county was just getting started.


also announced that it would remove the FTX logo from its Formula One cars.