The Denver Business Journal is reporting that Tim Wiens wants out of his agreement to manage the Broomfield Event Center, which opened in 2006 -- and that's not good news for local officials. The city bankrolled the 6,000-seat arena with $60 million worth of bonds that are supposed to be repaid from tax revenue from the facility. But things are so bad money-wise that Broomfield Sports, the firm Wiens runs with partner John Frew, couldn't even afford to pay the center's utility bill in November a
The Broomfield Event Center has been twisting since at least earlier this year, when Tim Wiens announced that he wanted out of his contract to manage the venue -- a lack-of-success story almost from its opening in 2006. And while the willingness of Anschutz Entertainment Group/Kroenke Sports Enterprises, a joint venture of two big moneymen in the area, to run the facility is good news for the city of Broomfield, which bankrolled the arena with $60 million worth of bonds, it's hardly a panacea.
