On August 22, 2004, the City of Orlando revoked its lease at the TD Waterhouse Centre due to a clause about attendance and the Seals would miss the season. On October 19, 2004, the ownership group announced a new three-year lease with the Silver Spurs Arena in Kissimmee, changing its name to the Florida Seals. The team resumed play in the 2005–06 season, hosting their first home game against the Jacksonville Barracudas on October 29, 2005. The Seals finished the 2005–06 season with a 32–17 record with seven overtime losses, placing third in the league, but lost the President's Cup to the Knoxville Ice Bears in four games out of five.