Miami officials eye potential FTX fallout on iconic stadium

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Miami officials eye potential FTX fallout on iconic stadium
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Miami-Dade County is currently reviewing and gathering information about FTX’s financial situation.

Officials in Florida's Miami-Dade County are keeping an eye on the fallout from FTX's liquidity crunch and analyzing any potential impact it may have on the iconic arena where the NBA's Miami Heat plays.

“This is an evolving situation, and Miami-Dade County is currently reviewing and gathering information about FTX’s financial situation and possible next steps," a spokesperson for Miami-Dade county said in an emailed response to questions."Should FTX be unable to meet their financial obligations under the naming rights deal, the county will explore all legal remedies.”

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