The Cutthroats opened the season in Denver against the Missouri Mavericks on October 19, marking the first hockey game in the Coliseum since 1989.

[9] The Cutthroats' first season saw them skate to 30 wins, and the eighth seed in the 2013 Ray Miron's President's Cup Playoffs.

In the following 2013–14 season, a vastly improved Cutthroats team, with the help of CHL MVP Garett Bembridge, recorded 38 wins, and the 2nd seed in the Ray Miron's President's Cup Playoffs.

[10] After months of rumors, and speculation, on August 20, 2014, the Denver Cutthroats announced an immediate suspension of operations and elected for dormancy for the 2014–15 season.

The Cutthroats were owned by Boulder resident John Hayes, CEO of Broomfield-based Ball Corp.[4][5][6][7] Former NHL player Derek Armstrong served as the Cutthroats' first head coach; although his NHL career had him playing for the New York Islanders, Ottawa Senators, New York Rangers, Los Angeles Kings and St. Louis Blues, he is best remembered in Denver for being a member of the Grizzlies' 1994-95 Turner Cup run.