Iowa’s issues increasing.

The Ducks’ former AHL affiliate, the Iowa Chops, catalyzed the severance of the teams’ affiliation agreement by failing to meet their payment obligations.

Now it appears the franchise’s financial woes run much deeper.

According to a report in today’s Des Moines Register, the Chops owners violated an AHL rule by pledging the assets of their club as a collateral for a loan last year. AHL President Dave Andrews told the paper, “There is no one that has their franchise as collateral with a bank. If you pledge your franchise, we eliminate you.

This entry was posted in Anaheim Ducks/NHL by J.P. Hoornstra. Bookmark the permalink.

About J.P. Hoornstra

J.P. Hoornstra covers the Dodgers, Angels and Major League Baseball for the Orange County Register, Los Angeles Daily News, Long Beach Press-Telegram, Torrance Daily Breeze, San Gabriel Valley Tribune, Pasadena Star-News, San Bernardino Sun, Inland Valley Daily Bulletin, Whittier Daily News and Redlands Daily Facts. Before taking the beat in 2012, J.P. covered the NHL for four years. UCLA gave him a degree once upon a time; when he graduated on schedule, he missed getting Arnold Schwarzenegger's autograph on his diploma by five months.

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