Golden State Warriors and Miami Heat Ax FTX offers

Golden State Warriors and Miami Heat Ax FTX offers

Golden State Warriors and Miami Heat end ftx sponsoring

The Golden State Warriors, the NBA team based in San Francisco, pause all FTX-related advertising offers, reported ESPN.

All in-arena promotions and advertising for the brand were removed from the Chase Center after FTX's bankruptcy registration on Friday, the sports network said.

Stephen Curry, three-time NBA champion and Warriors Point Guard, became a global ambassador for FTX in September 2021. As part of the agreement, he also received a investment in FTX Trading Limited.

Then FTX US and its NFT marketplace became the official cryptocurrency platform of the Warriors.

In April 2022, the team published its second NFT collection-to commemorate its performance in the NBA playoffs 2022-on the FTX NFT marketplace. The page is offline at the time of writing.

The Warriors were the first professional sports team to launch an NFT collection when they brought out different editions of the team's six NBA championship rings and 10 memory tickets.

according to ESPN found the last ftx-promotion Monday evening at the game Warriors vs. Spurs, when wobbly heads of one of his players, Jordan Poole, were distributed to the fans.

The Miami Heat house needs a new name

On Friday, Miami Heat's NBA team ended its right to name with FTX. The deal was for $ 19 years and included annual payments of $ 2 million to Miami Heat. The crypto exchange took over the rights to the former American Airlines Arena in June 2021.

The team tweeted that the reports on FTX were "extremely disappointing" and referred to the Peace and Prosperity plan of the Miami-Dade district, which was financed by this partnership to combat weapons in the region.

The district collected $ 20 million for the FTX name law contract. to Local reports.

The county is looking for a new partner to name the home of Miami Heat. All signs of FTX were removed from the facade of the arena at the time of writing.


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