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Fred Hoiberg Lands 8-Year Extension With Iowa State Basketball

Winning Coach of the Year does wonders for job security. Iowa State men’s basketball coach Fred Hoiberg just found out first-hand after splitting Big 12 Coach of the Year honors with Kansas’ Bill Self with the signing of an eight-year extension.

“Returning to Ames has been so much more than expected for our family and I’m thrilled to have the chance to continue developing a nationally competitive program at Iowa State,” Hoiberg said. “The support of our fan base and commitment of our players has brought the magic back to Hilton. I am humbled with the extension, to say the least, and anxious to continue our journey at Iowa State.”

Hoiberg was celebrated as a player and now as a coach after making the team’s first NCAA tournament appearance in seven seasons. The Cyclones finished third in the Big 12 last season and defeated UConn in the first round before losing to Kentucky.

Hoiberg’s extension is worth $1.5 million annually.