Chicago Bulls introduce Fred Hoiberg as new coach

The Chicago Bulls announced today the hiring of Fred Hoiberg.

Hoiberg, 42, is the 19th head coach in franchise history. He has agreed upon a five-year deal worth nearly $25 million, according to Yahoo! Sports.

For the last five seasons, Hoiberg served as the head coach at Iowa State University. In his five years at his alma mater, he recorded a record of 115-56 (.673), as he guided the Cyclones to four-straight NCAA Tournament appearances (2012-2015), a first in school history.

Prior to manning the sidelines at Iowa State, Hoiberg spent 14 seasons in the NBA, 10 as a player and the last four in the front office of the Minnesota Timberwolves. During his time in the NBA, he played for three teams: Indiana, Chicago and Minnesota. In 541 regular season games, he averaged 5.4 ppg, 2.7 rpg and 1.6 rpg in 18.4 mpg.