Fred Hoiberg Bio-Wiki, Age, Parents, Wife, Kids, Contract, Salary, and Net Worth

Who is Fred Hoiberg?

Fred Hoiberg is an American college basketball coach and a former player for the Indiana Pacers. As of January 2020, Hoiberg serves as the head coach for the University of Nebraska men’s basketball program. He previously served as the head coach for the Chicago Bulls of the NBA. He was fired on December 5, 2018.

In his playing carer, Hoiberg became the first player in NBA history to lead the league in three-point percentage in 2005 and not be invited to the three-point shooting competition in that season’s All-Star event.

He was diagnosed with influenza after being taken to a hospital following the Cornhuskers’ 89-64 loss to Indiana on Wednesday 11th March 2020 in the first round of the Big Ten tournament in Indianapolis,

How Old is Fred Hoiberg?

Hoiberg is 47 years old as of 2019. He was born on October 15, 1972, in Lincoln, Nebraska.

Fred Hoiberg Family

He was born to Eric Hoiberg an Iowa State sociology professor and Karen Hoiberg an elementary school teacher. Hoiberg’s grandfather Jerry Bush was also at one time the head basketball coach at Nebraska.

A photo of Fred Hoiberg
A photo of Fred Hoiberg

Hoiberg grew up in Ames. At Ames, he lived within walking distance of ISU’s basketball arena, Hilton Coliseum.

Fred Hoiberg Education

Hoiberg attended Ames High School. Being a multi-talented athlete, Hoiberg served as the quarterback of the football team and also captain of the basketball team. In 1991, he led his basketball team to a state championship. That year, he was honored, as the State of Iowa’s “Mr. Basketball”.

Hoiberg later played basketball for his hometown Iowa State Cyclones and later for the Big Eight Conference which he preferred over many other offers. In his college career, Hoiberg played three seasons for coach Johnny Orr and also one season for Tim Floyd. In 1995, he was a First-Team All-Big Eight selection.

Fred Hoiberg Wife

Hoiberg is married to Carol Hoiberg who is also from Ames.

Fred Hoiberg Kids – Daughter

Hoiberg and his wife Carol have four children together, Paige, Jack and also twins Sam and Charlie.

Fred Hoiberg Contract

Iowa State University announced on 27, April 2010 that Hoiberg would take over as head basketball coach succeeding Greg McDermott. Greg left ISU to take the head coaching position at Creighton. He later signed a 10-year contract extension with Iowa State worth $20 million in April 2013. The contract had a $2 million buyout clause if he left for another college coaching position. The buyout was only $500, 000 if he left to become an NBA head coach or general manager.

He was hired by the Chicago Bulls on June 2, 2015, as the head coach under a 5-year contract worth $25 million. During his rookie season as head coach, Bulls missed the playoffs for the first time in eight years. They failed to meet preseason expectations. They later lost in the first round of the playoffs to the Boston Celtics after taking a 2-0 lead. Again, they were perceived as underachieving. Hoiberg was ranked the worst head coach in the league by ESPN in March 2017. He was dismissed by the Chicago Bulls on December 3, 2018, after a 5-19 start to the 2018-19 season.


He was named the head coach of the Nebraska Cornhuskers men’s basketball team on March 30, 2019.

Fred Hoiberg Salary

As a head coach for Nebraska, Hoiberg signed to a seven-year deal worth $25 million. His base salary for 2019-20 is $2.5 million.

Fred Hoiberg Net Worth

Hoiberg has had a long time basketball career as a player and also as a coach. Through his work, he has accumulated an estimated net worth of $9 million.