Miami Heat home arena gets temporary name after FTX collapse

The home of the Miami Heat has yet another name: Miami-Dade Arena. The Heat and Miami-Dade County announced the new name Friday, two days after a bankruptcy court terminated the county’s naming rights deal with collapsed cryptocurrency exchange FTX. Advertisement“Effective immediately, Miami-Dade County and the Miami Heat have agreed that, until such time as there is a new naming rights partner, to refer to the arena as Miami-Dade Arena,” the parties said in a joint statement. The county owns the arena and negotiated what was to be a 19-year, $135 million naming rights deal with FTX. Before the FTX deal, the building had been referred to as AmericanAirlines Arena since its opening in 1999.