Chicago Bulls Introduce New Coach Fred Hoiberg

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Today the Chicago Bulls officially hired former player, NBA executive and successful college coach Fred Hoiberg to a rumoured 5-year $25 million deal.

“In Fred, we feel that we’ve got a guy who has a terrific package of skills: a winning coach, a natural leader and a great communicator,” said Chicago Bulls General Manager Gar Forman. “He is a guy that has played in the league, has been an executive in the league and has had unparalleled success coaching at Iowa State—winning multiple Big 12 Championships, consistently having nationally-ranked teams and NCAA tournament teams. There is no question that we think he’s the right fit and that he will maximize the potential of this team.”

The former head coach at Iowa State University is excited to make the leap back to the pro game.

“I am very excited and thankful for the opportunity to coach the Chicago Bulls. Everyone back in Ames knows what Iowa State means to me and my family. I am closing a special chapter in my life and beginning a new one here in Chicago,” said Hoiberg. “Being a head coach in the NBA has always been a goal of mine and to be able to do it at this time with the Bulls was the right fit for me. Having played in the league for 10 years, and then worked in a front office of an NBA team for four years, I am ready to begin this next phase of my career and help this team win an NBA Championship.”

Hoiberg, 42, is the 19th head coach in franchise history.