Probably correct.To the original questions in this thread. CU Events Center has to be replaced, not remodeled - replaced. Redo it so it can accommodate ice for hockey (in case you ever expand into hockey). Present Arena has too many limitations. Replace with a modern facility with capacity for 12 to 14K
When they built the building it was done on the cheap. They had limited funds, didn't want to take on a lot of long term future obligation.
Keep in mind that this was before Tad had come along and made our program a legitimate winner.
At the time of building they cut a lot of corners and with aging it hasn't improved much.
Correctly done it could be not only a much better facility for basketball but also host other sports and importantly be much more useful for concerts, conferences, etc.