Leiweke was allowed to turn himself in rather than face arrest. He was released on a $1 million bond. Tim Leiweke speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021 in Seattle, Washington. Bruce Bennett/Getty Images Tim Leiweke, the live entertainment mogul and former CEO of Oak View Group (OVG), has pled not guilty to rigging bids for the construction of Austin’s Moody Center Arena after self-surrendering in the criminal antitrust case. Prosecutors allowed Leiweke to turn himself in on Monday (July 21) rather than face arrest for this month’s indictment, which accuses him of conspiring with the former chief executive of Legends Hospitality to rig the bidding for OVG’s construction and management of the $338 million, 19,000-seat Moody Center in 2017. Related After surrendering, Leiweke appeared in federal court in Austin and pled not guilty to the single charge of violating the Sherman Antitrust Act. Judge Susan Hightower released Leiweke on a $1 million bond, with orders that he stay in the continental U.S. and hand over his passport. Trending on Billboard Leiweke was until recently the CEO of
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