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.