Iron banner's loot tables are either entirely messed up, or RNG hates everyone I know when it comes to IB. Patch notes said iron banner gear would drop after matches, yet I have not seen a single iron banner item for anyone in any of the matches I've played. The only legendaries that drop are engrams. Ib is now only worth the 3 Orange bounties. After that is a waste of time.
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I got a class item and side arm Class item was good, good upgrade perks for weapons just got to infuse something with it Side arm was great perk wise and fun to use but it's a side arm and won't get used I agree I've seen many people who are rank 5 and haven't even got a drop