Multiple published reports have the team moving to Wausau, Wisconsin after the 2016-17 season ends, as the team is reportedly deep in debt due to a financial crisis in the state of Alaska. Some reports stated that the Fairbanks Ice Dogs organization had been helping the team out financially to keep them afloat as a team in Fairbanks would be less viable without a travel/scheduling partner. Teams from Alaska have traditionally had to subsidize visiting teams travel expenses to stay in the continental U.S. based leagues they have played in. Other teams in the state have had their existence threatened such as the NCAA Division I Alaska-Anchorage Seawolves and the Alaska-Fairbanks Nanooks who were on the chopping block when the schools cut other athletic programs to keep the hockey teams going. The Alaska Aces of the ECHL announced in late February 2017 that the team was suspending operations due to the dire economic conditions in the state, which had caused many sponsorship agreements and season tickets not to be renewed with a decline in revenue of over $900,000 US. The team requested and received approval to suspend operations from the league late in the 2016-17 season. The team apparently put together a fund raising effort which raised $300,000 and netted 300 season ticket applications out of their 500 ticket goal. The team received approval for reactivation at a conference call meeting held on April 18, 2017. Along with the renewal of the Kenai River franchise interest has been heating up on the Anchorage market as well since the announced folding of the ECHL team as it would make the other two Alaska teams long term survival more viable.