Glendale losing less on Gila River Arena, but what if Coyotes leave?

Gila River Arena

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.

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