Connect with us


Miami Heat already have offer on table for new naming rights to arena

The Miami Heat already have a naming rights offer following the termination of their contract with FTX, and it comes via a familiar brand.

The post Miami Heat already have offer on table for new naming rights to arena appeared first on Larry Brown Sports.

Pat Riley smiling

Sep 22, 2017; Miami, FL, USA; Miami Heat president Pat Riley address reporters during a press conference at AmericanAirlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports

The Miami Heat and Miami-Dade County are ending their naming rights deal with cryptocurrency firm FTX following their bankruptcy announcement.

“The reports about FTX and its affiliates are extremely disappointing,” the county and team said in a joint statement, via ESPN. “Miami-Dade County and the Miami HEAT are immediately taking action to terminate our business relationships with FTX. We will be working together to find a new naming rights partner for the arena.”

With word that naming rights for the arena were again open for bidding, a familiar company leaped at the chance., an adult-content website based out of Miami, had previously made a $10 million offer for naming rights back in 2019. That came following word that American Airlines would not renew their deal with the Heat following the 2021-2022 season.

“We’ve officially Submitted our $10,000,000 bid for the naming rights to the Miami Heat Arena,” they said at the time. “We wish to thank American Airlines for their past support of the HEAT. We intend to change the name to the BangBros Center aka ‘The BBC'”

American Airlines had spent $42 million on a 20-year naming rights deal, while FTX had agreed to a 19-year, $135 million deal. Based on those numbers, the Bang Bros offer would only be for one or two years.

Whether or not the Bang Bros offer is legitimate, it will certainty serve them well in terms of exposure. Their previous offer stole headlines across the country and their renewed offer is bound to do the same.

The post Miami Heat already have offer on table for new naming rights to arena appeared first on Larry Brown Sports.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


MLB3 years ago

The Greatest Sports Call in Broadcasting History

Kirk Gibson’s 1988 World Series home run was a baseball play that occurred in Game 1 of the 1988 World...

NFL3 years ago

Rob Gronkowski “Just Joking” About Having Bucs’ Playbook

Rob Gronkowski posted a note on social media Wednesday to make clear that he was just joking when talking about...

MLB3 years ago

MLB Proposes 3-Division 2020 Play Based on Geography

MLB is one of the games genuinely faithful to its legacy, however even they are thinking about radical changes because...

NHL3 years ago

NHL Eyes December to Start 2020-21 Season

The 2019-20 NHL season has been suspended for about a month and a half now as the world fights the...

NHL3 years ago

5 Greatest Hockey Players of All-Time

This list hasn’t changed in 20 years. I can’t envision the rundown changing at any point in the near future....

NFL3 years ago

NFL Draft Made These 3 Teams Playoff Contenders

The 2020 NFL Draft spoke to an open door for NFL groups to drastically improve their lists with the expectations...

NCAAF3 years ago

Trevor Lawrence Heavy Favorite to be #1 Pick 2021 Draft

The 2020 NFL Draft is in the books and the football world is as of now amped up for the...

MLB3 years ago

Fan Made Epic Fenway Park Map in Fortnite

The COVID-19 pandemic has forestalled avid supporters from getting a charge out of baseball for about two months. While baseball...

NBA3 years ago

Vegas: Dennis Rodman Potential Successor to Kim Jong-Un

There’s a great deal of disarray encompassing the soundness of Kim Jong-un, the 36-year-old Supreme Leader of Democratic People’s Republic...

NBA3 years ago

Blake Griffin Calls Out TMZ Coverage

Detroit Pistons star Blake Griffin was as of late an objective of TMZ, which posted a strange article about him...