By Perry Vandell | The Republic
Glendale’s Gila River Arena posted one of its best seasons financially since 2010, but the city still saw a net loss of $4 million on arena operations in fiscal year 2017.
That’s a sizable improvement from a net loss of just under $10 million in fiscal 2015 and a net loss of $22.8 million in fiscal 2011.
“We are definitely going in the right direction,” Glendale Mayor Jerry Weirs said.