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November 25, 2022
MIAMI — Miami-Dade County has asked a federal bankruptcy court for immediate permission to end its naming rights deal with FTX and strip that brand off the arena where the NBA's Miami Heat play.
In a motion filed Tuesday, the county — which owns the arena and negotiated the naming rights deal with FTX — said continuing to refer to the building as FTX Arena will only add to the “enduring hardships” brought on by the collapse of the cryptocurrency exchange.
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