 In addition, an unfavorable arena lease at city-owned America West Arena had the team suffering massive financial losses (as much as $40 million a year at one point); the Coyotes have yet to recover from the resulting financial problems.The team moved into Glendale Arena (now known as Gila River Arena) about two-and-a-half months into the 2003–04 NHL season.Ellman put forward numerous proposals to improve the hockey sight lines in America West Arena in hopes of boosting capacity back over the 17,000 mark.