{"id":2682,"date":"2021-03-24T18:47:42","date_gmt":"2021-03-24T17:47:42","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=2682"},"modified":"2021-03-24T18:47:44","modified_gmt":"2021-03-24T17:47:44","slug":"cryptos-ftx-arena-is-ready-to-close-the-135-million-deal-with-the-miami-dade-county","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/cryptos-ftx-arena-is-ready-to-close-the-135-million-deal-with-the-miami-dade-county\/","title":{"rendered":"Crypto&#8217;s FTX Arena is ready to close the $135 million deal with the Miami-Dade County."},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/coinscreed.com\/staging\/arthur-hayes-seeks-voluntary-surrender-in-hawaii-court-with-10-million-bail.html\" class=\"rank-math-link\">Crypto's<\/a> <a href=\"http:\/\/google.com\/FTX\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">FTX<\/a> and The county of Miami-Dade have reached a compromise to rename Miami Heat home on the Bay of Biscayne into &#8216;FTX Arena,' for two decades previously known as AmericanAirlines Arena.<\/h2>\n\n\n\n<p>The agreement for 19 years was reached for the first crypto-exchange sponsoring the main professional sports center in the United States with a huge amount of $135 million. In a declaration of the Mayor of Miami-Dade Daniella Levine Cava<\/p>\n\n\n\n<p>&#8220;My top priorities throughout the process were to ensure that we found the best deal for the county and to safeguard public finances.&#8221;<\/p>\n\n\n\n<p>This apportionment has given an edge to FTX being more publicly exposed than other exchanges, increasing their Twitter supporters.<br><\/p>\n\n\n\n<figure class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><li class=\"blocks-gallery-item\"><figure><img fetchpriority=\"high\" decoding=\"async\" width=\"680\" height=\"380\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/03\/miami-1.jpg\" alt=\"\" data-id=\"2684\" data-full-url=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/03\/miami-1.jpg\" data-link=\"https:\/\/coinscreed.com\/staging\/?attachment_id=2684\" class=\"wp-image-2684\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/03\/miami-1.jpg 680w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/03\/miami-1-300x168.jpg 300w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/figure><\/li><\/ul><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The agreement was negotiated by the town, which controls the naming rights with a payment of 2 million dollars per year to the team, while over 19 years the province is gaining almost $90 million.<\/p>\n\n\n\n<p>In a speech made by FTX CEO Sam Bankman-Fried said, A special vote is scheduled for Friday at a special sitting pending the approval of the County Committee of Miami-Dade County Commissioners.<\/p>\n\n\n\n<p>&#8220;The whole FTX family are delighted to partner in the County and Heat of Miami-Dade.&#8221;<\/p>\n\n\n\n<p>&#8220;This is more than a chance to put our name into an emblematic building. It's a chance to value Miami and its cities, to help the growing and diverse community, to join a championship community, a champion organisation, and a culture of championship.&#8221;<\/p>\n\n\n\n<p>Futhermore, FTX will work with the County to support technology, Fintech training and additional programs. Over the course of the deal, the exchange &#8220;helping Miami-Dade citizens thrive&#8221; has also committed a further $5 million beyond the Naming Rights Partnership.<\/p>\n\n\n\n<p>Opened in 1999, the arena also hosts concerts and other events and, according to the county, attracts about two million visitors a year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto&#8217;s FTX and The county of Miami-Dade have reached a compromise to rename Miami Heat home on the Bay of Biscayne into &#8216;FTX Arena,&#8217; for two decades previously known as AmericanAirlines Arena. The agreement for 19 years was reached for the first crypto-exchange sponsoring the main professional sports center in the United States with a [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":2683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-2682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/03\/miami.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/2682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=2682"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/2682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/2683"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=2682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=2682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=2682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}