Hasbro Reveals Newest Monopoly Piece

Out with the iron -- in with the cat.

The newest Monopoly token, a cat, rests on a Boardwalk deed next to a die and houses at Hasbro Inc. headquarters, in Pawtucket, R.I., Tuesday, Feb. 5, 2013. Voting on Facebook determined that the cat would replace the iron token. (AP Photo/Steven Senne)

Out with the iron -- in with the cat.

Hasbro unveiled the newest Monopoly token Wednesday.

The iconic iron heads into retirement, as the new piece is rolled-out.

The company launched an online contest to replace one of the tokens in favor of one more representative of current players.

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