Nebraska has hired former Chicago Bulls and Iowa State head coach Fred Hoiberg as its next men's basketball coach, the program announced Saturday afternoon. Hoiberg will succeed Tim Miles, who was fired this week after seven seasons at the helm of the program.
Hoiberg and Nebraska were in negotiations in recent days and reached agreement officially on Saturday. The deal is seven years in length and worth $25 million.
"First, I want to thank Bill Moos, Chancellor Green and President Bounds for the opportunity to lead the Nebraska men's basketball program," Hoiberg said in a statement. "I can't express how excited I am to be back on the sidelines and to be coaching at a university that means a lot to my family and me.
"Lincoln is a special place for our family. I was born in Lincoln, my grandfather Jerry Bush was the head coach at Nebraska, my other grandfather was a long-time professor there, and my parents are proud graduates of the University of Nebraska. Nebraska has always felt like a second home.
Hoiberg was one of the more high-profile coaching candidates at the college level because of what he accomplished in his short stint at Iowa State. In five seasons spanning from 2010-2015, he led the Cyclones -- his alma mater -- to four NCAA Tournament appearances and one Sweet 16 appearance. Consider it a major coup for athletic director Bill Moos, who came under fire for his handling of Miles's final days.
"We are excited to welcome Fred, his wife Carol, and their family to Nebraska," Moos said. "He will be an outstanding representative of the University, and a great leader for our men's basketball program.
"When you look at him, you see an individual who has had success as a player and a coach," he added. "Fred's background will sell itself on the recruiting trail, and help us bring in the type of student-athletes needed to compete at the highest level. His style of play not only will be appealing to prospective recruits, but will also provide our great fans an entertaining brand of basketball."
Hoiberg leapt from Iowa State to become the head coach of the Chicago Bulls in 2015, where he lasted just over three seasons. With the Bulls, he accumulated a 115-155 overall record. He was fired in December after the team started the season 5-19.
It was believed that Hoiberg still had interest in coaching in the NBA after his ousting but was also open to returning to college. While a fit with Nebraska might seem odd on its face, he is a midwest guy having been born in Lincoln, Nebraska. After his college playing career ended at Iowa State in the mid 90s, he played 10 seasons in the NBA with the Indiana Pacers, Chicago Bulls and Minnesota Timberwolves. His grandfather, Jerry Bush, also served as the head coach at Nebraska from 1954-1963.
Hoiberg and Nebraska were in negotiations in recent days and reached agreement officially on Saturday. The deal is seven years in length and worth $25 million.
"First, I want to thank Bill Moos, Chancellor Green and President Bounds for the opportunity to lead the Nebraska men's basketball program," Hoiberg said in a statement. "I can't express how excited I am to be back on the sidelines and to be coaching at a university that means a lot to my family and me.
"Lincoln is a special place for our family. I was born in Lincoln, my grandfather Jerry Bush was the head coach at Nebraska, my other grandfather was a long-time professor there, and my parents are proud graduates of the University of Nebraska. Nebraska has always felt like a second home.
Hoiberg was one of the more high-profile coaching candidates at the college level because of what he accomplished in his short stint at Iowa State. In five seasons spanning from 2010-2015, he led the Cyclones -- his alma mater -- to four NCAA Tournament appearances and one Sweet 16 appearance. Consider it a major coup for athletic director Bill Moos, who came under fire for his handling of Miles's final days.
"We are excited to welcome Fred, his wife Carol, and their family to Nebraska," Moos said. "He will be an outstanding representative of the University, and a great leader for our men's basketball program.
"When you look at him, you see an individual who has had success as a player and a coach," he added. "Fred's background will sell itself on the recruiting trail, and help us bring in the type of student-athletes needed to compete at the highest level. His style of play not only will be appealing to prospective recruits, but will also provide our great fans an entertaining brand of basketball."
Hoiberg leapt from Iowa State to become the head coach of the Chicago Bulls in 2015, where he lasted just over three seasons. With the Bulls, he accumulated a 115-155 overall record. He was fired in December after the team started the season 5-19.
It was believed that Hoiberg still had interest in coaching in the NBA after his ousting but was also open to returning to college. While a fit with Nebraska might seem odd on its face, he is a midwest guy having been born in Lincoln, Nebraska. After his college playing career ended at Iowa State in the mid 90s, he played 10 seasons in the NBA with the Indiana Pacers, Chicago Bulls and Minnesota Timberwolves. His grandfather, Jerry Bush, also served as the head coach at Nebraska from 1954-1963.
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