Hoiberg returns to Iowa State

NCAA Basketball Betting Lines

04/28/2010 - Ames, IA (Sportsbook Betting Lines) - Fred Hoiberg was introduced Wednesday as the new men's basketball coach at Iowa State and called the return to his alma mater "a dream come true."

Hoiberg, who starred for the Cyclones in the 1990s, agreed to a five-year contract with a base salary of $800,000 on Tuesday.

"It's a Hollywood script for me to take the reins of a program that I cheered for as a kid, played for as a collegian and followed closely for more than a decade as an alum," said Hoiberg on Wednesday.

The 37-year-old Hoiberg played for Iowa State from 1991-95 and then spent 10 years in the NBA, with stops in Indiana, Chicago and Minnesota. He averaged 5.4 points over a 541-game career.

Hoiberg received the nickname "The Mayor" when he received a write-in vote for the Ames, Iowa mayoral race. He was honored as Mr. Basketball in Iowa for 1991 and the following season he enrolled at Iowa State.

The Cyclones won 78 games and played in three NCAA Tournaments in his career. He is the school's third all-time leading scorer with 1,993 points and his No. 32 jersey was retired in 1997.

"We are all familiar and proud of the distinguished career of Fred," said school president Dr. Gregory Geoffroy. "Bringing an All-American -- both in the classroom and on the basketball court -- back to our staff is cause for celebration and it's even more thrilling since he is a native son."

Hoiberg served as the assistant general manager with the Timberwolves for three seasons after retiring from the NBA in 2006 and spent the past year as the team's vice president of basketball operations, but apparently had previously campaigned for the Iowa State position.

"Four years ago, Fred expressed interest in our head coaching position and he's been on my short list ever since," said Iowa State athletic director Jamie Pollard. "It did not take very long for me to see his passion, his quiet confidence and his plan to have success in our men's basketball program. Based upon his personal experiences, Fred is better equipped and positioned than anyone to take the reins of this program."

Iowa State needed a replacement for Greg McDermott, who left Monday to take the head coaching job at Creighton. He spent the past four seasons as head coach of the Cyclones, going 15-17 a year ago with a 4-12 record in the Big 12, and was 59-68 overall since arriving in Ames in 2006.

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Be sure to log on to MySportsbook.com to bet on the NBA. With the regular season about to hit the homestretch, it is important to point out that MySportsbook.com has the highest credit card acceptance rate in the industry.

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