In 2018, it was announced that Oak View Group and UT agreed to form a public-private partnership, to build a new $375 million arena. The arena was intended to replace the Frank Erwin Center as the home for the Texas Longhorns basketball programs, and will also function as an events center for the city of Austin. The new arena is named the Moody Center following the Moody Foundation's grant of $130 million to the university. Oak View Group funded the construction, and manages the building in exchange for the right to keep most of the income from non-UT events, such as concerts and shows, for at least the first 35 years after opening. UT, however, owns the land under the arena and will be the owner of the building. Under the terms of the agreement, the university will have exclusive control of the arena for 60 days each year to hold men's and women's basketball games, graduations, and other events. Oak View Group, along with partners Live Nation and C3 Presents, will have the right to hold events on the other days.
The groundbreaking ceremony took place just south of Mike A. Myers Soccer Stadium on December 3, 2019. The arena held a ribbon-cutting ceremony on April 19, 2022 and opened to the public on April 20 with a two-night concert featuring John Mayer.
On July 9, 2025, a federal grand jury indicted the co-founder and CEO of Oak View Group, which manages the Moody Center and only the Moody Center, for conspiracy to rig the bidding process.
Harry Styles performed a six-show residency at the arena in September and October 2022, the most shows ever by a single artist, as part of his Love On Tour.
The Texas Longhorns men's basketball team held their home opener November 7, 2022 at the Moody Center against the UTEP Miners. The Longhorns marked their first home victory at the arena outscoring UTEP 72–57 with an attendance of 11,313 spectators.
Non-University of Texas at Austin tenants
Since 2022, the Moody Center has been the home venue of the Professional Bull Riders (PBR)'s Austin Gamblers during the PBR Team Series season held every summer through autumn.
In an attempt to expand their market reach into Austin, the San Antonio Spurs played two home games at the Moody Center on April 6 and 8, 2023, against the Portland Trail Blazers and Minnesota Timberwolves respectively, marking the first NBA regular season games to be played in Austin. The first game brought in a sell-out crowd of 16,023. The Spurs hosted back-to-back games at the Moody Center on March 15 and 17, 2024, against the Denver Nuggets and the Brooklyn Nets, then on February 20 and 21, 2025, to face the Phoenix Suns and the Detroit Pistons, and again on February 19 and 21, 2026, to play the Suns and the Sacramento Kings. They are scheduled to play the Houston Rockets at the arena on October 23, 2026.
The Moody Center hosted the Playoff Stage of the BLAST.tv Austin Major, a Counter-Strike 2Major, in June 2025. The Major is the biggest event in Counter-Strikeesports, with teams from all over the world qualifying.
.jpg)
.jpg)
