Porn Industry Offers $10 Million For Naming Rights To The Heat Arena
Pornography has been getting more and more popular and is now trying to break through another barrier. This time, their focus is on major American sports. The Bang Brosporn industry offers $10 million for naming rights to the heat arenaafter the previous owner goes bankrupt.
American Airlines announced on Thursday that it won't renew its naming rights deal with the Miami Heat Arena, which runs out at the end of the year.
The FTX Arena is a large building in Miami, Florida, that can be used for many different things. As a replacement for the Miami Arena, it was built starting in 1998 and was designed by the architecture firms Arquitectonica and 360 Architecture. The Miami Heat, a team in the National Basketball Association, play their tournaments there.
Yahoo Sports reported the statement below regarding the said issue:
“„'With Pat Riley at the helm, working his magic like he has in the past, BangBros feels they need to show their support for the next wave of winning to come and give back to the city that’s treated them so well,' the statement reads. 'Both the Heat and BangBros have become staples of the city, with huge fans of each. It doesn’t get more Miami than having the arena sponsored by BangBros.'- Yahoo Sports
The Bang Bros is an American studio that makes pornographic movies. It is based in Miami, Florida. Kristopher Hinson started it while he was a student at the University of Florida in 2000. WGCZ S.R.O. now owns the network.
Final Words
FTX filed for bankruptcy to end a bad few days for what had been the third-largest cryptocurrency exchange in the world when the week began. Sam Bankman-Fried, the company's CEO and founder, has stepped down after the company, which has lost billions of dollars, asked for bankruptcy protection. With the news, the Heat's stadium will no longer have its name on it, even though a 19-year, $135 million deal was signed last year.
FTX had a few sports-related deals, including one with Mercedes for Formula One racing and a sponsorship deal with MLB, where the company's logo is on the uniforms of umpires. Soon after the mess, Mercedes said it would take the FTX logos off its F1 cars right away.
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