Miami Heat & Miami-Dade ‘Immediately Taking Action To Terminate Relationship With FTX’

Miami-Dade County and the Miami HEAT has released the following statement:

“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 the years ahead.”

On Friday, FTX filed for bankruptcy.

 

The permanent FTX logo was recently installed on the arena roof:

(photos: Carlos A. Lopez)

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peej
4 months ago

No one could have EVER seen this coming!! (good thing they JUST finished the logo)

Anonymous
4 months ago

An investment that generated no revenue or profit, that had no assets, and that was run by a 30 year old with a chia pet on his head went belly-up. Go figure.

Kenny G
4 months ago

Citadel Arena

peej
4 months ago

Make it happen, Kenny! colloquially, “The Citadel”

Army corps sucks
4 months ago

That actually sounds pretty cool. Unfortunately citadel doesn’t market to the average Joe. Unless they started a consumer based service such BoA or Chase.

Joe C
4 months ago

Renaming deal is already done – Arena Palacio de los Jugos

Hotel
4 months ago

No just No.

Chonga
4 months ago

A Miami staple.

Anonymous
4 months ago

We need American Airline to step in and put that plane logo back in there!

Anon
4 months ago

It’s not going to happen.

Anonymous
4 months ago

Except their post-2013 logo and associated branding blow.

Hotel
4 months ago

Yes I agree. That plane logo was iconic.

Anonymous
4 months ago

Amazon Arena with an addition of an Amazon HQ would be my dream…

Anonymous
4 months ago

I think it will become the Goya Arena

Anonymoose
4 months ago

“Fresco y Mas Entertainment Emporium”

Anan
4 months ago

Since Bezo’s is scheduled to fire 10,000 people this week probably not going to happen.

Anon
4 months ago

Amazon is firing 10,000 people today. The “HQ2” search is long dead. Not going to happen.

Anonymous
4 months ago

HQ2 is in DC

Hotel
4 months ago

Then there needs to be a HQ3.

Anonymous
4 months ago

Question is will they use helicopters to take it down or just throw it down the roof?

Anonymous
4 months ago

The “M”Arena? Since it’s by the water

Anonymous
4 months ago

🤣

Afi K. James
4 months ago

i hope american airlines arena comes back.

Sry
4 months ago

It won’t

Hotel
4 months ago

Sadly it’s not coming back.

Fake Miami
4 months ago

“American Board of Plastic Surgeons Arena”

Octane
4 months ago

Apple Arena

Give the People What They Want
4 months ago

Pollo Tropical Arena

William
4 months ago

Put solar panels on top of it.

Sry
4 months ago

Green roof

Anonymous
4 months ago

The county isn’t passing up millions per year in advertising revenue for a virtue-signaling solar panel project.

Anonymous
4 months ago

Technically they could have a green roof and still have a logo on it

Anon
4 months ago

A roof with that size of span is not engineered to hold the weight of a green roof nor solar panels

Este
4 months ago

Leon Medical Centers Arena

Hotel
4 months ago

Well… I’ve gone one and it’s also a long time Miami-based company.

Burger King Arena

Hotel
4 months ago

got*

Scottmac23
4 months ago

Citadel I believe it will be

Anonymous
4 months ago

Why they don’t give a proper name in the arena and don’t change every 3 years. It’s ridiculous. All about money.

Anonymous
4 months ago

Gee…a for-profit business, being all about money? Who saw this coming?

Anonymous
4 months ago

What’s the property tax bill on that property? Look it up.

MIami kid
4 months ago

The Olive Garden Arena.

Anonymous
4 months ago

All the big sports clubs in Europe keep the first names in their stadiums and don’t give their names in any speculative start up. So ridiculous and humiliating what happens in miay

Hotel
4 months ago

Well so much for the FTX logo! It just got put on the arena.

Anon
4 months ago

Tootsies Customer Lounge

Anonymous
4 months ago

Wet Sexy Fish

Bernie M
4 months ago

They should auction off the bits of the logo. Proceeds can be used to reimburse investors.

Anonymous
4 months ago

Ryder Arena?

Hotel
4 months ago

Considering Ryder is a Miami-based company it wouldn’t surprise me. I thought Ryder would at least buy one sports stadium naming rights like the Marlins park but no they never got into the business.

Laz
4 months ago

Safemoon Arena!

Azarius
4 months ago

Publix Arena sounds good to me‼️

AAA
4 months ago

Bringing back American Airlines is the best way to go. Everyone knows it by that and some people still use that name. It’s classic – got a good ring to it and the radio always loved promoting events at “The Triple-A.”

Anonymous
4 months ago

Bringing back American Airlines’ advertising checks is the hard part. The advertising agreement was ended for a reason.

MINDSET
4 months ago

For the life of me I cannot understand what some people don’t get that most of these sporting venues the NBA and NFL (including others) are paid money from these businesses to advertise their names on them. The city don’t just slap a business name on arenas and stadiums because the feel like it.

peej
4 months ago

This will never happen. AA is Texas-based & already sponsors the Dallas Mavericks Arena, the “American Airlines Center”.

It’s same reason Mercedes-Benz ditched renewing their naming of the Superdome in New Orleans–they chose instead to sponsor the new Atlanta Falcons Stadium.

Anonymous
4 months ago

MotorSports Arena

I'm a Munch 😋
4 months ago

The Munch Arena! For the boys who like to go downtown!

???
4 months ago

Hard Rock arena coming soon

J.M.
4 months ago

That actually sounds like a good name!

Not Anonymous
4 months ago

It would be great for a Latin-American company to sponsor the arena. It would bring awarness to the company in the U.S. and call back to Miami’s heritage. Citadel would also be nice to have though. So sad to see FTX go.

Anonymous
4 months ago

Goya was founded in New Jersey.

Not Anonymous
4 months ago

Who says I’m talking about Goya? I was thinking maybe Santander, Modelo, or Claro

Fake Miami
4 months ago

Cemex Arena

Dwntowner
4 months ago

With Virgin cruise lines right behind the arena, my vote is on “VirginPond”