The league doubled in size to six teams and the Bears finished the season first in the table to claim their second premiership. They faced a familiar foe, Adelaide Avalanche, in the first Goodall Cup Final for the AIHL. In Blacktown Ice Arena, the Bears defeated Adelaide 5–4 in a shootout to clinch the Goodall Cup and claim their first AIHL Championship. In 2003, the AIHL adopted a new finals format that involved the top four teams from the regular season. The Sydney Bears were involved in and won the one and only third place play-off in an AIHL finals weekend. The Bears continued their rivalry with Adelaide and defeated them 10–5 in the match to claim third. From 2004 the AIHL tweaked the finals format to remove this match. The Bears next found success in 2007 and 2008. In 2007, the Sydney Bears changed their name to the AIHL Bears (or simply the Bears) as the team left Sydney for Penrith. The team played out of the Penrith Ice Palace. The Bears won their second championship and Goodall Cup by defeating the Newcastle North Stars 3–2 in overtime in the final. The Bears also won the inaugural Wilson Cup in 2007. In 2008, the Bears claimed the H Newman Reid Trophy for the first time by finishing top of the league table ahead of the Western Sydney Ice Dogs. The Bears also claimed back-to-back Wilson Cup's after defeating the Ice Dogs in the pre-season tournament's final 6–4. 2010–20 To start the new decade, in 2010, the team rebranded and renamed back to the Sydney Bears. The team switched between Penrith and Sydney ice Arena over the course of seven seasons. In 2017, Macquarie Ice rink, at a cost of $3 million, had been upgraded to AIHL standards providing the Bears the opportunity to return to their spiritual home. The Bears, along with the Ice Dogs, moved into the newly renovated arena located within the Macquarie Centre. The upgrade of Macquarie Ice Rink also brought back the Sydney Bears (IHNSW) club to Macquarie. Since the move in 2017, the AIHL team and the IHNSW club have increased cooperation and support between the two clubs. Ex AIHL Bear's players have been taking up coaching roles within the IHNSW club while the IHNSW Bears provides the AIHL team a pathway for local players. In 2018, prior to the season starting, the Bears