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.
Mar 31, 2015, 11:00 PM EDT
San Diego turned to a former player to lead the basketball program.
Mar 31, 2015, 10:00 PM EDT
Head coach Ernie Kent is losing three first-year players after his first season at the helm.
Mar 31, 2015, 8:45 PM EDT
It appears Travis Ford will stay at Oklahoma State for now.
Mar 31, 2015, 7:50 PM EDT
Could Murray State guard Cameron Payne enter the NBA Draft?
Mar 31, 2015, 6:40 PM EDT
UNLV officially loses Rashad Vaughn to the NBA Draft.
Mar 31, 2015, 5:35 PM EDT
Rhode Island landed an impact transfer on Tuesday.
Mar 31, 2015, 4:30 PM EDT
Georgetown takes a major hit with the loss of D’Vauntes Smith-Rivera.
Mar 31, 2015, 3:22 PM EDT
Barry Hinson is not happy about losing the players he brought into the program.
Mar 31, 2015, 2:44 PM EDT
It wasn’t as good as the last two years, but there were still some impressive dunks.
Mar 31, 2015, 1:55 PM EDT
Teams that won the first meeting have won three of the four Final Four/title game rematches, with Duke (1990-91) being the lone exception.
Mar 31, 2015, 1:30 PM EDT
Mickey is the second player from LSU to declare this month.
Mar 31, 2015, 1:19 PM EDT
This is nasty.
Mar 31, 2015, 12:09 PM EDT
Bobby Knight would probably not approve of that.
Mar 31, 2015, 11:42 AM EDT
My advice: Hedge that bet, sir!
Mar 31, 2015, 10:01 AM EDT
Lewis will have some well known suitors this offseason.
Mar 31, 2015, 9:57 AM EDT
Barnes spent the last 17 seasons at Texas.
Mar 30, 2015, 11:10 PM EDT
UConn, Notre Dame, South Carolina and Maryland make up the 2015 women’s Final Four.
Mar 30, 2015, 11:00 PM EDT
Some great names highlight this list.
Mar 30, 2015, 10:24 PM EDT
Williams was the leading scorer and rebounder for the Tigers this season.
Mar 30, 2015, 10:00 PM EDT
Nebraska forward Walter Pitchford is giving up basketball for his senior season.
- Frank Kaminsky, Jahlil Okafor highlight five Wooden Award finalists 3
- 2015 NCAA Tournament All-Second Weekend Team 2
- While a major question remains unanswered, No. 4 North Carolina can be special in 2015-16 3
- Tournament darling R.J. Hunter is heading to the NBA 3
- Texas freshman Myles Turner declares for the NBA Draft 6
- The Final Four is set, and it’s going to be insane 24
- No. 7 Michigan State reaches the Final Four for the seventh time under Izzo 15
- Andrew Harrison’s late free throws send No. 1 Kentucky to the Final Four (88)
- Kentucky responds to Daxter Miles Jr.’s pregame comments (30)
- Updated tournament records: Big Ten teams make up half of Final Four (27)
- The Final Four is set, and it’s going to be insane (24)
- West Virginia freshman on Kentucky: ‘They’re going to be 36-1′ (21)