MIAMI – Who will be the next naming legal rights holder of Miami-Dade Arena? The response is unclear, but there is interest.
County Mayor Daniella Levine Cava said Tuesday the county has presently garnered quite a few requests from possible sponsors.
“They sound pretty excellent to me!” Levine Cava said.
The overall title change was sparked by the arrest of former CEO of FTX Sam Bankman-Fried. He was charged with wire fraud and revenue laundering.
Numerous inquiries continue to remain as to what occurs to the 19-yr deal for $135 million. District 7 Commissioner Raquel Regalado, spoke out at Tuesday’s assembly.
“When does the income operate out? When do we have a problem? When does it begin coming out of the common fund, are they remaining moved someplace else?” She questioned.
Mayor Levine Cava and Commissioner Keon Hardemon say anything for this fiscal calendar year is covered.
Cava suggests the county has the $20 million currently specified as a component of the FTX offer. Some locals would be up for lending a hand if it came down to it.
“We would like go in advance and fund it if we experienced to. Like I explained everybody enjoys the Warmth,” said John Young.
Commissioners and the mayor alike say the precedence is the peace and precedence prepare that helped get youth off the streets. That was funded by the FTX program and they say the up coming title sponsor will have to make maintain the program a priority.
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