Season on ice after AHL chops Iowa from play
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Hey there, time traveller!
This article was published 08/07/2009 (6293 days ago), so information in it may no longer be current.
THE Iowa Chops will be mothballed for the 2009-10 season, after the American Hockey League suspended the franchise for one year.
“The Iowa franchise has unfortunately been unable to remedy certain violations of the provisions of the league’s constitution and bylaws,” said American Hockey League president and CEO David Andrews.
According to the Des Moines Register, the team used the franchise as collateral last year to obtain a bank loan, which contravenes league rules. According to the Register, the loan was for US$1.99 million.
The franchise is owned by Texas businessmen Bob and Kirby Schlegel and minority owner Howard Baldwin. After reportedly losing nearly $4 million over the past four years, the trio are trying to sell the franchise.
However, a district court judge last week approved an injunction which will prevent a new owner from moving the franchise out of the Iowa city.
The AHL, which has been in operation since 1936, will continue to operate with 29 teams.
Each of Canada’s six franchises have minor-league affiliates based in the AHL, including the Springfield Falcons (Edmonton), Binghamton Senators (Ottawa), Abbotsford Heat (Calgary), Hamilton Bulldogs (Montreal), Manitoba Moose (Vancouver) and the Toronto Marlies (Toronto).
— Canwest News Service