Mar 29, 2013, 9:00 AM EDT
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On the heels of leading his alma mater to its second consecutive NCAA tournament appearance, Iowa State head coach Fred Hoiberg became a hot commodity with some outlets reporting Minnesota’s interest in him as the replacement for the recently fired Tubby Smith.
But Hoiberg won’t be going anywhere this offseason, as Iowa State announced late Thursday that the two parties came to an agreement on a new 10-year, $20 million contract that runs through 2023.
“I am very excited that we were able to put together a financial package that allows Fred to remain an integral part of our Cyclone family,” Iowa State athletic director Jamie Pollard said in a statement released by the school.
“Nobody is better suited to be our head men’s basketball coach and we wanted to show he and his family, along with all Cyclone fans, that we are committed to keeping him in Ames for the long term.”
Known as “The Mayor” in Ames since he was in high school, Hoiberg has loaded up with transfers during his tenure as head coach but with great success. Iowa State finished the 2012-13 season with a 23-12 (11-17 Big 12) record, losing a heartbreaker to Ohio State last Sunday.
Before this season the Cyclones last made back-to-back NCAA tournament trips in 2000 and 2001, and with Hoiberg signed to a long-term deal the program can now look towards the future with a sense of security.
“When I returned to the University three seasons ago, it was a dream come true,” Hoiberg said in the statement. “The progress that we have made so far has been very rewarding, but there is more work ahead. I sincerely appreciate the support that President [Steven] Leath and Jamie have given me.
“Ames is my home and Hilton Coliseum has given me countless memories as both a player and coach. I look forward to continue leading a program that Cyclone fans can be proud of.”
Hoiberg and his staff have to replace three double-digit scorers, led by Big 12 Newcomer of the Year Will Clyburn, and while Chris Babb averaged just 9.1 points per game the guard was their best perimeter defender. However in forward Georges Niang the Cyclones have a player capable of being one of the best in the Big 12 in the years to come.
Jul 24, 2014, 10:04 PM EDT
Eric McKnight’s waiver to play immediately was denied by the SEC.
Jul 24, 2014, 8:45 PM EDT
Groce is under .500 in Big Ten play in his two seasons at Illinois.
Jul 24, 2014, 8:34 PM EDT
Florida State will play five non-conference games against teams that reached the NCAA tournament last season.
Jul 24, 2014, 7:30 PM EDT
The four latest five-star recruits that Cal landed all showed off their Kentucky threads on instagram.
Jul 24, 2014, 6:45 PM EDT
Mostella has travelled a long road to get to Knoxville.
Jul 24, 2014, 5:30 PM EDT
Austin has found a landing place, but it’s still a long way from the Division I ranks.
Jul 24, 2014, 4:15 PM EDT
Three true road games and a visit from the reigning champs?
Jul 24, 2014, 2:49 PM EDT
Thon Maker is a top five recruit in 2016 and would be a top two or three recruit in 2015.
Jul 24, 2014, 1:53 PM EDT
Hoiberg had surgery to replace his pacemaker last week.
Jul 24, 2014, 12:21 PM EDT
The events will be played in November and December
Jul 24, 2014, 11:55 AM EDT
Mykhailiuk is playing in the B Division of the event.
Jul 24, 2014, 9:30 AM EDT
The final open period has begun, with Corey Sanders and Jalen Brunson among the standouts.
Jul 23, 2014, 9:59 PM EDT
Perry’s been at USC Upstate since 2009, and among the players he’s helped recruit was former great Torrey Craig.
Jul 23, 2014, 8:00 PM EDT
Brown averaged 5.5 points per game and made 13 starts in 35 appearances for the Ragin’ Cajuns.
Jul 23, 2014, 6:30 PM EDT
Lindsay played his freshman season at Kansas
Jul 23, 2014, 5:00 PM EDT
Beasley has been one of the nations top performers over the last three months
Jul 23, 2014, 3:52 PM EDT
Thomas is a bulldozer on the block.
Jul 23, 2014, 2:55 PM EDT
It’s the latest in a long line of bourbon bottles commemorating celebrities in the state.
Jul 23, 2014, 1:45 PM EDT
Rick vs. Richard could get awkward for the rest of the family
Jul 23, 2014, 12:57 PM EDT
Will this be enough for Charleston to finally get rid of their embattled head coach?
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- Top 15 recruit Antonio Blakeney has made the ‘jump’ — literally — to elite status 2
- July Live Period Week Two Superlatives 0
- Seven Takeaways from the Under Armour Finals 0
- Iowa State’s Georges Niang carries extra motivation – and less weight – into 2014-15 0
- Emmanuel Mudiay to China makes him even more of a case-study 0
- Four-star Class of 2016 guard Bruce Brown gave up football to focus on basketball 0
- Chris Walker looks like he’s spent some time in the gym (PHOTO) (5)
- Mother of elite recruit Josh Jackson: ‘Josh hasn’t been recruited by anyone’ (4)
- NCAA gets rid of name-likeness release form for student-athletes (3)
- Isaiah Austin has a job with the NBA once he finishes degree at Baylor (2)
- Dayton unveils new logo, court and basketball uniforms (2)