Nebrasketball Coach Fred Hoiberg Receives Contract Extension

Nebraska men's basketball coach Fred Hoiberg's incredible 2023-24 season has turned into a contract extension.

Interim Athletic Director Dennis Leblanc and University of Nebraska Interim President Chris Kabourek announced Tuesday that they have agreed with Hoiberg on an extension through the 2028-29 season. Hoiberg will be paid $4.25 million next season, with annual increases in each of the subsequent contract years.

“I’m appreciative of the confidence our administration has shown in our staff’s leadership of the Husker basketball program,” Hoiberg said. “With our history at the University of Nebraska, this is a special place for our family. We want to continue to build a program that our fans can embrace and one that represents the values of Nebraskans.

“With the phenomenal facilities and fan support in place, we are positioned to do things that have never been accomplished by the Husker men’s basketball program.”

The 2024 Big Ten Men's Basketball Co-Coach of the Year, Hoiberg led NU to a 23-10 record in his fifth season in Lincoln. The Huskers have a No. 8 seed in the NCAA Tournament, the program's first March Madness appearance in a decade.

“I have had the opportunity to work closely with five men’s basketball head coaches in my four decades in Nebraska Athletics, and I am more confident than ever in the direction of our men’s basketball program,” Leblanc said. “Fred has shown that he is committed to leading a program that succeeds on the court, in the classroom and in the community.

"We look forward to watching him and our team play on Friday in the NCAA Tournament.”

Hoiberg was hired in 2019 by then-AD Bill Moos. His contract was amended under Trev Alberts as results were rocky, but Nebraska is 26-12 since February of last year.

“I’m thrilled that we are keeping Coach Hoiberg a Husker,” Kabourek said. “He’s all-in on Nebraska and I love what he’s doing to help our team compete on and off the court.”

Leblanc and Kabourek confirmed that discussion are also underway with Nebraska women's basketball coach Amy Williams on a contract extension.