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Fred Hoiberg has agreed to a contract extension with Nebraska after leading the Huskers to a school-record for Big Ten Conference wins.The new contract, announced Monday by NU Athletic Director Troy Dannen, extends through the 2031-32 season.READ MORE: Nebraska men’s basketball earns No. 2 seed in Big Ten TournamentThe Nebraska men’s basketball team has 26 wins this season, tying a school record for victories in a season. The Huskers, who have won more than 20 games in three straight seasons for the first time in school history, earned the No. 2 seed in the Big Ten Tournament.”Fred Hoiberg is a tremendous representative of the University of Nebraska, the Lincoln community, and our state. We are extremely proud that he will continue to lead the Nebraska men’s basketball program well into the future,” Dannen said in a statement. “Fred has built this program step by step and his leadership has Nebraska positioned to continue to compete at a high level in the Big Ten Conference and nationally. Fred is one of the most respected coaches in the country by his peers, and his success has been recognized throughout the college basketball world.”According to contract details obtained by KETV, Hoiberg is now earn $5 million next season. Prior to the extension, he was set to earn $4.45 million. He will also receive a $100,000 annual increase.READ MORE: Fred Hoiberg’s contract extensionHoiberg will receive a $500,000 bonus in July 2026 and 2029 if still the Nebraska head coach. The Huskers would also receive an $8 million buyout if he leaves for another school. Nebraska has been ranked in the AP Top 25 since December, including a program-best No. 5 ranking in January. Hoiberg previously earned a contract extension in 2024 after leading NU to the NCAA Tournament. His previous contract ran through the 2028-29 season.”I’m appreciative of the continued confidence from Troy Dannen and Jeffrey Gold and thank them for the support they have shown in our staff’s leadership of the Husker basketball program,” Hoiberg said in a statement. “We have a long family history with the University of Nebraska, and the support we have received over the last seven years is truly remarkable. We are blessed with world-class facilities, but the people are what make Nebraska special. Our goal is to continue building a program that our fans can embrace and have pride in because it represents the values of Nebraska.”Make sure you can always see the latest news, weather, sports and more from KETV NewsWatch 7 on Google search.NAVIGATE: Home | Weather | Local News | National | Sports | Newscasts on demand |
Fred Hoiberg has agreed to a contract extension with Nebraska after leading the Huskers to a school-record for Big Ten Conference wins.
The new contract, announced Monday by NU Athletic Director Troy Dannen, extends through the 2031-32 season.
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READ MORE: Nebraska men’s basketball earns No. 2 seed in Big Ten Tournament
The Nebraska men’s basketball team has 26 wins this season, tying a school record for victories in a season. The Huskers, who have won more than 20 games in three straight seasons for the first time in school history, earned the No. 2 seed in the Big Ten Tournament.
“Fred Hoiberg is a tremendous representative of the University of Nebraska, the Lincoln community, and our state. We are extremely proud that he will continue to lead the Nebraska men’s basketball program well into the future,” Dannen said in a statement. “Fred has built this program step by step and his leadership has Nebraska positioned to continue to compete at a high level in the Big Ten Conference and nationally. Fred is one of the most respected coaches in the country by his peers, and his success has been recognized throughout the college basketball world.”
According to contract details obtained by KETV, Hoiberg is now earn $5 million next season. Prior to the extension, he was set to earn $4.45 million. He will also receive a $100,000 annual increase.
READ MORE: Fred Hoiberg’s contract extension
Hoiberg will receive a $500,000 bonus in July 2026 and 2029 if still the Nebraska head coach. The Huskers would also receive an $8 million buyout if he leaves for another school.
Nebraska has been ranked in the AP Top 25 since December, including a program-best No. 5 ranking in January.
Hoiberg previously earned a contract extension in 2024 after leading NU to the NCAA Tournament. His previous contract ran through the 2028-29 season.
“I’m appreciative of the continued confidence from Troy Dannen and Jeffrey Gold and thank them for the support they have shown in our staff’s leadership of the Husker basketball program,” Hoiberg said in a statement. “We have a long family history with the University of Nebraska, and the support we have received over the last seven years is truly remarkable. We are blessed with world-class facilities, but the people are what make Nebraska special. Our goal is to continue building a program that our fans can embrace and have pride in because it represents the values of Nebraska.”
Make sure you can always see the latest news, weather, sports and more from KETV NewsWatch 7 on Google search.
NAVIGATE: Home | Weather | Local News | National | Sports | Newscasts on demand |
