Sure is, use the CustomFieldRemovedEvent.
Btw use my Event-O-Matic to easily find event names.
As an extra, it will even generate the code to fetch the eventsBlog: http://lucd.info | Twitter: @LucD22 | PowerCLI Reference co-author: http://tinyurl.com/hkn4glz
Once again, you strike again...thanks LucD, you always have the answers. I actually created an event and then removed it to see what the message was, but I was searching for the wrong name. I was able to find out what happened. Many, many thanks.