Adult Entertainment Company Bang Bros Renews $10 Offer For Miami Heat Arena Name Rights After FTX Bankruptcy
Major financial problems and questions surrounding crypto exchange giant ‘FTX’ has kept the market in suspense for days, with numerous customers fearing for their money and investments. But after a rescue was recently promised, things looked a lot more problematic yesterday, when FTX filed for bankruptcy.
Press Release pic.twitter.com/rgxq3QSBqm
— FTX (@FTX_Official) November 11, 2022
This has now led to the Miami Heat and Miami-Dade County terminating their relationship with FTX. They will now search for a new naming rights partner for their arena in downtown Miami.
FTX had reportedly inked a reported $135 million, 19-year deal to rename the Miami arena in June 2021.
Miami-Dade County and the Miami HEAT have released the following statement pic.twitter.com/ERZo1IsZ2o
— Miami HEAT (@MiamiHEAT) November 12, 2022
After these news broke, porn site BangBros renewed their $10 million offer to Miami Dade County for the naming rights of the arena. Back in 2019, the Adult Entertainment company had already expressed their interest in taking over the arena naming rights.
Our offer for the naming rights still stands ! They should take our deal! https://t.co/pZEtTltEvn@BillyCorben @ONLYinDADE
— BANG BROS (@BangBrosDotCom1) November 11, 2022