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FTX Owes Miami $16.5M For Arena Sponsorship Cancellation

The contract between FTX and Miami-Dade County says FTX must pay the County three years of fees in the event of default.

By Sam Reynolds
Updated May 9, 2023, 4:02 a.m. Published Nov 12, 2022, 6:07 a.m.
FTX bought the naming rights to the Miami Heat arena in March 2021. (Megan Briggs/Getty Images)
FTX bought the naming rights to the Miami Heat arena in March 2021. (Megan Briggs/Getty Images)