UPDATE, 4:12 p.m.: The Wild officially announced that it will move its AHL team to Des Moines, KCCI reported.

The Minnesota Wild will ask to move its American Hockey League (AHL) affiliate, the Houston Aeros, to Des Moines next season, the Minneapolis StarTribune reported.

If the move is approved, which is expected, the Wild will rename the team the Iowa Wild and host a news conference in Des Moines on Monday.

The Houston Chronicle reported that the Minnesota Wild were unable to reach a new lease agreement with the Toyota Center, where the Aeros play, because the Toyota Center felt it was turning away more profitable concerts to accommodate the hockey team. The Iowa Wild would play at Wells Fargo Arena, which holds more than 15,000 for hockey.

Des Moines hasn't had an AHL hockey team since 2008 when the Iowa Chops left town after its owner, Dallas-based Schlegel Sports, racked up debt and lost its affiliation with the National Hockey League's Anaheim Ducks. The franchise averaged 4,322 fans in 40 home dates that season.

The Greater Des Moines Convention and Visitors Bureau is not commenting on the news at this time.  

Read a related Business Record story that looks at the reasons behind the Chops' flop in Des Moines: Click here