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After FTX flounders, what becomes of Miami arena naming deal?

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After FTX flounders, what becomes of Miami arena naming deal?


MIAMI – Cryptocurrency big FTX filed for chapter Friday, leaving a variety of unanswered questions, together with an enormous one right here in South Florida: what’s going to occur to its naming rights deal for Miami’s FTX Area and the cash it was set to pay Miami-Dade County over the following 20 years?

The corporate went beneath amid the crypto equal of an old school run on the financial institution.

After submitting for Chapter 11 chapter Friday, its shoppers remained unable to withdraw funds on-line.

Firm CEO Sam Bankman-Fried resigned and apologized on Twitter.

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“I used to be shocked to see issues unravel the best way they did earlier within the week,” Bankman-Fried wrote.

We’ve seen Bankman-Fried in South Florida earlier than. He made a courtside go to to a Miami Warmth recreation after his firm purchased naming rights to what had beforehand been referred to as the American Airways Area, paying $135 million over 19 years.

“FTX was an alternate that had a shiny sheen on it,” cryptocurrency journalist Laura Shin mentioned. “It was led by a CEO who was usually on Capitol Hill and being photographed by regulators and lawmakers.”

Investor Mike Novograts, who stands to lose thousands and thousands, spoke to CNBC.

“It is a story as outdated as time, to some extent,” Novograts mentioned. “Some younger, charismatic man in Bermuda shorts with floppy hair charmed the 20 greatest traders on this planet.”

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The query in South Florida is whether or not the charismatic entrepreneur additionally hoodwinked Miami-Dade County and whether or not the corporate will have the ability to preserve its finish of the deal transferring ahead.

Miami-Dade Mayor Daniella Levine Cava mentioned Thursday that she is “carefully monitoring” the scenario.

FTX’s troubles have despatched shockwaves by means of the crypto market, with the worth of Bitcoin down almost 20% over the previous few days.

Copyright 2022 by WPLG Local10.com – All rights reserved.



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Miami, FL

How to watch Miami Hurricanes vs. Virginia Tech football: Time, TV channel, FREE live streams

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The 7th-ranked Miami Hurricanes put a top-10 ranking on the line as they open Atlantic Coast Conference play Friday night against Virginia Tech. The game is scheduled to start at 7:30 p.m. ET with TV coverage on ESPN and streaming on-demand.

  • How to watch: Live streams of the Miami-Virginia Tech game are available with offers from FuboTV (free trial), SlingTV (low intro rate) and DirecTV Stream (free trial).
  • For a limited time, FuboTV is offering $30 off the first month after the free trial period. With $30 offer, plans start at $49.99.

Virginia Tech Hokies (2-2) at #7 Miami Hurricanes (4-0)

NCAA football matchup at a glance

When: Friday, Sept. 27 at 7:30 p.m. ET

Where: Hard Rock Stadium, Miami Gardens, Fla.

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TV channel: ESPN

Live streams: FuboTV (free trial) | SlingTV (low intro rate) | DirecTV Stream (free trial)

Miami is the big story in this one with a 4-0 record through four games that began with a 41-17 road thumping of Florida in its 2024 season opener. The Hurricanes haven’t slowed down since, outscoring their next three opponents 168-23, and now they get to play their conference opener at home.

Virginia Tech split its first four games with losses Vanderbilt and Rutgers and wins over Marshall and Old Dominion. The Hokies are 19.5-point underdogs to fall in the first of back-to-back ACC road games.

Miami Hurricanes vs. Virginia Tech Hokies Live Streaming Options

  • FuboTV (free trial)excellent viewer experience with huge library of live sports content; free trial lengths vary; monthly rate after free trial starts at $49.99 for duration of $30 first month discount.
  • SlingTV (low intro rate) discounted first month is best if you’ve run out of free trials or you’re in the market for 1+ month of TV
  • DirecTV Stream (free trial) not the same level of viewer experience as FuboTV, but the standard 7-day free trial is still the longest in streaming.

The Hurricanes and Hokies are set for a 7:30 p.m. ET start on ESPN. Live streams are available from FuboTV (free trial), DirecTV Stream (free trial) and SlingTV (low intro rate).



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Twins snap a three-game skid with 8-3 win over Miami and send the Marlins to their 100th loss

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Twins snap a three-game skid with 8-3 win over Miami and send the Marlins to their 100th loss


Minnesota’s Manuel Margot scored from second in a five-run seventh inning on one of four Miami errors and the Twins rallied to beat the Marlins 8-3 on Wednesday night.

Christian Vázquez’s sacrifice bunt in the seventh was thrown wide of first base, allowing Margot to score. Carlos Correa followed with an RBI double that scored Vázquez, and Carlos Santana added a three-run double as Minnesota snapped a three-game losing streak and sent Miami to its 100th loss of the season for the fourth time in franchise history.

The Twins kept their playoff hopes alive. Minnesota is two games games behind Detroit in the race for the AL’s final wild card with four games to play. Detroit, Kansas City (which owns the second wild card) and Seattle, which trails the Twins by a half-game, were all victorious on Wednesday.

Another short start by Minnesota rookie Simeon Woods Richardson necessitated the comeback. Jake Burger hit a three-run homer for the Marlins three batters into the game, and Miami’s first five hitters reached base in the first.

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“There’s some tough-mindedness there,” Twins manager Rocco Baldelli said. “And the guys stayed at it. It’s not easy when you are down and you’re down early. It is a challenging thing. We almost pretend like it’s not, but it is. It is. But the ability to refocus our attention on what we needed to do was very good.”

Griffin Jax (5-5) worked 1 1/3 innings of relief and earned the win for Minnesota. Six Twins relievers covered eight innings and allowed five hits and no walks.

Marlins right-hander Declan Cronin allowed the inherited runner to score in the seventh after Brooks Lee had doubled off the right-field wall against Michael Peterson (3-1). Peterson allowed one run in one-plus innings. Cronin surrendered four unearned runs.

Woods Richardson finishes his first full season in the majors with a 5-5 record and 4.17 ERA. He was 3-1 with a 3.51 ERA in the first half before pitching to a 5.23 ERA in the second half.

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“Baseball happened,” Woods Richardson said of his start. “But what also happened is the bullpen put up zeroes. We got a great team win. We never gave up today. Each pitch, each out, each quality AB we have, we never gave up.”

Byron Buxton homered for the Twins, snapping a stretch of 67 consecutive innings for the team without a home run. Minnesota hadn’t homered since Willi Castro went deep in the eighth against Cleveland on Oct. 17.

“As long as we win, that’s all that matters,” Buxton said.

Edward Cabrera allowed three runs in five innings in a start for Miami. The 26-year-old right-hander was coming off a seven-run start against the Los Angeles Dodgers, but had a 3.71 ERA in his previous 12 starts since the All-Star break.

Trainer’s room

Twins: OF Matt Wallner was placed on the 10-day injured list with a left oblique strain, and RHP Justin Topa (left patellar tendinitis) was reinstated from the 60-day injured list. Topa, acquired in the January trade that sent Jorge Polanco to Seattle, had missed the entire season before pitching the ninth. RHP Jorge Alcala and Austin Martin were recalled from Triple-A, with LHP Brent Headrick options and LHP Cole Irvin designated for assignment.

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RHP David Festa (2-6, 4.80 ERA) starts for Minnesota in the finale of the three-game series on Thursday. Miami counters with RHP Valente Bellozo (3-4, 3.82).



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Miami (FL) vs. Virginia Tech Prediction, Odds, Picks – September 27, 2024

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Miami (FL) vs. Virginia Tech Prediction, Odds, Picks – September 27, 2024


The No. 7 Miami Hurricanes (4-0) are 19.5-point favorites when they host the Virginia Tech Hokies (2-2) in an ACC matchup on Friday, September 27, 2024 at Hard Rock Stadium. The point total is 54.5 for the contest.

The Hurricanes beat the South Florida Bulls, 50-15, in their last game. Last time out, the Hokies fell to the Rutgers Scarlet Knights, with 26-23 being the final score.

Keep up with college football all season on FOX Sports.

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Miami (FL) vs. Virginia Tech Game Information & Odds

  • When: Friday, September 27, 2024 at 7:30 p.m. ET
  • Location: Hard Rock Stadium in Miami Gardens, Florida
  • TV: ESPN
  • Live Box Score on FOX Sports
Miami (FL) vs Virginia Tech Betting Information updated as of September 25, 2024, 2:45 p.m. ET.
Favorite Spread (Odds) Favorite Moneyline Underdog Moneyline Total Over Moneyline Under Moneyline
Miami (FL) -19.5 (-110) -1136 +694 54.5 -110 -110

Miami (FL) vs. Virginia Tech Prediction

  • Pick ATS: Virginia Tech (+19.5)  
  • Pick OU: Over (54.5) 
  • Prediction: Miami (FL) 32, Virginia Tech 25

Predictions are made by the Data Skrive betting model.

Learn more about the Miami Hurricanes vs. the Virginia Tech Hokies game on FOX Sports!

Miami (FL) vs. Virginia Tech Betting Insights

  • Based on the spread and over/under, the implied score for the game is Hurricanes 37, Hokies 18.
  • The Hurricanes have a 91.9% chance to claim victory in this meeting based on the moneyline’s implied probability. The Hokies hold a 12.6% implied probability.
  • Miami (FL) has covered three times in four matchups with a spread this season.
  • Virginia Tech has a record of 1-2-0 against the spread this year.

Miami (FL) vs. Virginia Tech: Head-to-Head

  • Over their last two meetings, Miami (FL) has tallied two wins against Virginia Tech.
  • The two teams have gone over the point total on one occasion while sharing a split 1-1 record in their matchups against the spread.
  • Virginia Tech has been outpaced by 18 points in its last two tilts against Miami (FL).

Miami (FL) vs. Virginia Tech: 2024 Stats Comparison

  Miami (FL) Virginia Tech
Off. Points per Game (Rank) 52.3 (3) 29.5 (63)
Def. Points per Game (Rank) 10.3 (13) 22.8 (80)
Turnovers Allowed (Rank) 2 (10) 5 (71)
Turnovers Forced (Rank) 8 (14) 4 (73)

Miami (FL) 2024 Key Players

Name Position Stats
Cameron Ward QB 1,439 YDS (72.4%) / 14 TD / 2 INT
89 RUSH YDS / 1 RUSH TD / 22.3 RUSH YPG
Xavier Restrepo WR 20 REC / 362 YDS / 5 TD / 90.5 YPG
Damien Martinez RB 190 YDS / 4 TD / 47.5 YPG / 4.8 YPC
4 REC / 65 REC YDS / 0 REC TD / 16.3 REC YPG
Jordan Lyle RB 233 YDS / 3 TD / 58.3 YPG / 8 YPC
Tyler Baron DL 10 TKL / 5 TFL / 4.5 SACK
Francisco Mauigoa LB 16 TKL / 2 TFL / 2 SACK
Elijah Alston DL 8 TKL / 3 TFL / 2.5 SACK / 1 INT
Jaden Harris DB 12 TKL / 2 TFL / 1.5 SACK / 1 INT

Virginia Tech 2024 Key Players

FOX Sports created this story using technology provided by Data Skrive and data from Sportradar.

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