According to AHL President and CEO Dave Andrews (via the Des Moines Register) the franchise was "Involuntarily suspended" after a league vote on Monday. He declined comment in regards to the specific reason, but the Des Moines Register reported last month that "the club had used the franchise as collateral to obtain a loan in March 2008 from a North Carolina branch of Wachovia Bank. Records obtained from Polk County have disclosed the loan amounted to $1.99 million and was used to cover operating costs."
Anaheim media relations manger Alex Gilchrist informed me via e-mail that the affiliation between Anaheim and Iowa "ended in May", and so far nothing has been announced yet about a new affiliate. Lucky break for them, this looks like a mess.
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