news
Moody Center developer charged with bid rigging on UT arena deal
The $375 million Moody Center opened in April 2022 and has hosted major concerts and athletic events.
Published July 9, 2025 at 5:45pm

The developer and operator of the Moody Center has been indicted by a federal grand jury over allegations of bid-rigging related to the arena’s development.
Tim Leiweke, CEO of Denver-based Oak View Group, was indicted on a federal criminal conspiracy charge related to his alleged role in rigging bids to develop, manage and operate the University of Texas basketball arena in Austin.
The $375 million Moody Center opened in April 2022 and has hosted major concerts and athletic events. Prosecutors argue the alleged conspiracy denied the university a fair bidding process and involved significant interstate commerce through out-of-state contractors and funding.
RELATED:
This is a breaking news story. Please check back for updates.