Inside The Heat

Miami Heat Terminate Relationship With FTX Arena

Heat are looking for a new naming rights partner
Shandel Richardson|
Miami Heat Terminate Relationship With FTX Arena
Miami Heat Terminate Relationship With FTX Arena

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Miami Heat

The Miami Heat and Miami-Dade County have terminated their relationship with FTX and will be searching for a new name for the downtown arena. 

The Heat decided to go in a different direction once the crypto exchange company starting having problems and eventually collapsed.

Here's the joint statement the Heat and Miami-Dade County. 

The reports about FTX and its affiliates are extremely disappointing. Miami-Dade County and the Miami Heat are immediately taking action to terminate our business relationships with FTX, and we will be working together to find a new naming rights partner for the arena. We are proud of the impact our Peace & Prosperity Plan - sponsored by County Commissioner Keon Hardemon and funded through the original deal - is already having in preventing violence and creating opportunity for young people across Miami-Dade, and we look forward to identifying a new partner to continue funding these important programs in years ahead." 

The Heat were only with FTX since June of 2021.  

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Shandel Richardson covers the Miami Heat for Inside The Heat.

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Shandel Richardson
SHANDEL RICHARDSON

Shandel has covered the NBA since 2010, with previous stops at The Athletic and South Florida Sun-Sentinel. He has covered six NBA Finals, one Super Bowl, the NCAA basketball tournament. He has also been a beat writer for the Miami Hurricanes and contributed on every major beat in South Florida since 2003, including the Miami Dolphins and Miami Marlins. He can also be read in the Sportsbook Review for gambling coverage from around the NBA. A native of Bloomington, Illinois, Shandel attended Southern Illinois University in Carbondale. He's also worked for the St. Louis Post-Dispatch and Kansas City Star. TWITTER: @ShandelRich EMAIL: shandelrich@gmail.com You can subscribe to our YouTube channel here Follow all of our Miami Heat coverage on Facebook here

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