DOJ Indicts Oak View Group CEO Tim Leiweke Over Alleged Arena Bid-Rigging Scheme

In a major development shaking the live entertainment and sports venue industry, Tim Leiweke, CEO and Co-Founder of Oak View Group (OVG), has been indicted by the U.S. Department of Justice (DOJ) for allegedly orchestrating a bid-rigging conspiracy tied to the development of the Moody Center arena at the University of Texas at Austin.

The Allegations

According to federal prosecutors, Leiweke began a scheme in 2017 to eliminate competition in the bidding process for the Moody Center. The DOJ claims that he approached Legends Hospitality, a rival bidder, and convinced them to withdraw their proposal in exchange for a promise of subcontracting opportunities once OVG secured the deal.

OVG subsequently became the only qualified bidder and won the contract in 2018. However, according to the indictment, the promised subcontracting roles were never granted. The Moody Center, a state-of-the-art facility, officially opened in April 2022 and continues to be managed by OVG.

Legal Consequences

• Tim Leiweke faces serious charges under the Sherman Antitrust Act, including:

  • Up to 10 years in federal prison

  • Fines of up to $1 million

• While OVG has not been criminally charged, the company has agreed to a $15 million non-prosecution settlement.

• Legends Hospitality has also settled, agreeing to pay $1.5 million to resolve its involvement.

Leadership Changes at OVG

In response to the indictment, OVG announced internal leadership changes. Tim Leiweke will step down as CEO and transition to Vice Chair of the Board. Chris Granger, previously serving as OVG President, has been appointed as the new Chief Executive Officer.

OVG emphasized in its public statement that it has fully cooperated with federal investigators and remains committed to compliance and ethical business practices.

Why It Matters

This indictment signals a strong stance from the DOJ against anticompetitive behavior—especially in public-private projects. It serves as a warning to the entertainment, sports, and construction industries that bid manipulation, even among high-level executives, will not go unchecked.

As the case unfolds, the industry will be watching closely—not just for the outcome, but for its ripple effects on how large-scale entertainment venues are developed and financed.