Pleasant offer: Iowa State's Hoiberg enjoys raise
Iowa State has actually provided trainer Fred Hoiberg a $600,000 a year raising, bumping his average wage to $2.6 million in an initiative to keep him in Ames for life.
The Cyclones revealed a changed contract for Hoiberg on Friday.
Hoiberg, 41, merely completed his 4th and most effective season at Iowa State. He led the Cyclones to 28 wins, the Huge 12 competition title and the program's first Sugary food 16 look in 14 years.
"We are pleased to come to terms on a changed contact with Coach Hoiberg and his representative so quickly," sports supervisor Jamie Pollard shared. "We hope our dedication to him will certainly keep him at Iowa State College for the rest of his profession.".
Hoiberg, that made the nickname "The Mayor" while starring for the Cyclones in the 1990s, agreed to a 10-year, $20 million agreement in March 2013. The $600,000 raising in annual compensation is the only modification to that bargain, which runs through 2023.
He would certainly still be obligated to repay Iowa State $500,000 if he leaves to end up being a head coach or basic manager in the NBA and $2 million if he leaves for another Department I school.
Hoiberg has led Iowa State to 3 successive NCAA tournament looks, culminating in a breakout season in 2013-14.
The Cyclones got off to a school-record 14-0 beginning and defeat Kansas State, Kansas and Baylor en route to the Large 12 competition title in Kansas City. They then defeated North Carolina in the NCAA event's round of 32 prior to falling to ultimate champ Connecticut.
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Iowa State looks positioned to contend for a Big 12 title following season too. Though the Cyclones shed All-American Melvin Ejim and first-team All-Big 12 point player DeAndre Kane, they'll return a center highlighted by ahead Georges Niang and Dustin Hogue and guard Monte Morris.
Hoiberg is 90-47 with the Cyclones.
"We recognize the tremendous accomplishments that have come to be commonplace throughout Fred's period," Pollard claimed.
