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American Airlines not renewing naming rights for arena in Miami

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This time next year, the Miami Heat will be playing inside an arena they have called home for the past 20 years.

But they will no longer be able to call it the "American Airlines Arena."

American Airlines has confirmed they will not be renewing the naming rights for the county-owned facility.

In a statement, the company said:

“American Airlines is proud to call Miami home. We are not seeking to renew naming rights for the arena, but remain the official airline of the Miami Heat and continue to invest in programs that support the community, where 13,500 American team members live and work. We wish Miami-Dade County well in their search for a new sponsor.”

The naming rights deal expires at the end of this year.

Story from our news partner NBC 6