Chris Kelly sent this in:

Kroenke Sports Enterprises announced Wednesday that despite reaching an agreement in principal with WWE Chairman Vince McMahon on Tuesday afternoon, a formal agreement could not be reached to reschedule the WWE Monday Night RAW event originally scheduled for Monday, May 25.

As of 4:30pm MDT on Tuesday, May 19, KSE believed that it had used its best efforts to meet WWE’s terms for rescheduling the event to this Sunday night, May 24 at Pepsi Center. The new terms were very favorable to WWE and the KSE team believed Mr. McMahon was on board with the new deal that would have allowed Denver fans to enjoy the event.

However, McMahon apparently changed plans overnight and has now decided to move the event to Los Angeles. The event is now scheduled to take place at STAPLES Center on Monday. Fans with tickets for the Denver show will be able to receive refunds at the original point of purchase beginning Thursday, May 21 at 10am.

“Despite the propaganda campaign launched by WWE and Chairman Vince McMahon, the KSE team maintained a professional manner throughout this process. We had hoped for, and worked hard toward an amicable resolution – which we verbally had on Tuesday,” said KSE Executive Vice President Paul Andrews. “We understand there will be many disappointed WWE fans in the Denver area. It’s unfortunate and disappointing that WWE executives ultimately chose this path. The sensationalism employed by WWE in this instance is not surprising. The amount of publicity and coverage enjoyed by their group over the last few days has clearly become their new business goal instead of finalizing what we thought was a favorable solution and would have ultimately allowed their fans to attend the event.”