$17.5M FTX Field deal canceled after FTX files bankruptcy
FTX and campus announced the 10-year, $17.5 million naming rights deal last August. As part of the deal, LEARFIELD’s Cal Bears Sports Properties, Cal Athletics’ multimedia rights holder, agreed to accept the payment in cryptocurrency, according to a press release announcing the start of the deal.
United States Sam Bankman Jonathan Okanes Cal Bears Sports Properties Athletic Department California Memorial Stadium
Source: dailycal.org