From their formation as the Anchorage Aces in late 1989 to their makeover as the Alaska Aces in 2003 to the announcement Thursday that this will be their final season, a timeline of notable developments through the years.
December 1989 — Dennis Sorenson, a former UAA hockey star, forms the Anchorage Aces, an amateur team made up of players who grew up in Anchorage or played for the UAA Seawolves. They play a four-game schedule.
1990-91 — Aces play their first full season, which ends with them winning the Senior Men's Open National Championship with Sorenson as their coach.
1995 — The Aces go pro and join the new West Coast Hockey League.
1996 — Mike Cusack Jr. buys out Roger Graff to become the team's sole owner.
June 2002 — With the team facing a $2 million debt, Cusack lists the Aces on eBay for a minimum bid of $1.5 million.
July 2002 — A seven-man ownership group — Terry Parks, Dan Coffey, Jeff Van Abel, Steve Adams, Al Haynes, Rod Udd and Steve Agni — buy the Aces in bankruptcy court for about $1 million.
May 2003 — The Aces announce a makeover. They change their name to the Alaska Aces and hire Davis Payne to lead them into their first season in the ECHL, which absorbs the West Coast Hockey League.
[Loyal Aces fans wonder how they'll fill void left by team's demise]
2004-05 — NHL all-star Scott Gomez of Anchorage joins the Aces during the NHL's lockout season and wins the ECHL's MVP award.
2006 — The Aces win the Kelly Cup as champions of the ECHL.
May 2007 — Payne resigns as coach and is replaced by player/coach Keith McCambridge.
July 2009 — McCambridge resigns as coach; Brent Thompson is hired.
2010-11 through 2013-14 — Aces win four straight Brabham Cup titles as the regular-season champions of the ECHL.
2011 — Aces win their second Kelly Cup.
June and July, 2011 — Thompson resigns as coach; Rob Murray is hired.
2014 — Aces win their third Kelly Cup
2016 — Aces fail to make the playoffs for the second straight season.
February 2017 — The ownership group of Parks, Coffey, Adams, Haynes and Jerry Mackie announce the Aces will fold at the end of the season for financial reasons.