Iowa State men’s basketball head coach Fred Hoiberg is getting paid, receiving a $600,000 raise after the best season yet under his tenure.
Athletic director Jamie Pollard announced the increase over Twitter, stating that the raise now makes him one of the top 10 highest paid coaches in public universities.
Coach Hoiberg receives $600K raise. Average salary of $2.6M will rank him in Top 10 of public University bb coaches. Press release this AM.
— Jamie Pollard (@IASTATEAD) April 11, 2014
The increase is well deserved. Hoiberg has rapidly steered men’s basketball back into the national spotlight, and they enjoyed top 25 success nearly all season. They finished with a Big 12 tournament championship, received a 3-seed in the NCAA tournament, and finished in the Sweet 16 by giving Connecticut their toughest challenge en route to an eventual national championship.
Hoiberg’s raise is also made to convince “The Mayor” to stick around in Ames. Previously coming from the front office of the Minnesota Timberwolves, Hoiberg is certain to have an interest to coach in the NBA and teams will definitely have him on their list as their regular season is rapidly coming to a finish and there will be multiple head coaching vacancies.
Yes, I still believe Hoiberg will jump to the NBA at some point, but here’s to him being able to turn Iowa State into an elite men’s basketball program that’s winning national championships before handing the keys to someone else.