The former. ICANN wouldn't "give" it to any third party, and nobody is going to pay $250,000 to ICANN for a failed "application" if they don't own the trademark.
Does Best Buy have exclusive use of that phrase? Doesn’t look like it. Why wouldn’t Best Buy Insurance or Best Buy Realty have just as much right to it?
https://www.google.com/search?client=firefox-b-d&q=corporati...