Iowa State coach Fred Hoiberg has reportedly told his players and staff members that he is leaving, with speculation suggesting he will join the Chicago Bulls this week.
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Hoiberg has been in negotiations with the Bulls over a five-year deal, and according to reports on Monday it appears to be a mere formality that he will sign with the NBA outfit.
On Monday night, the Bulls announced that they will be holding a press conference at 3pm ET to make a “major announcement”, with Hoiberg set to become Tom Thibodeau’s successor, according to ESPN.
Thibodeau was fired last week after a contentious spell in charge of the Bulls, during which he clashed on multiple occasions with the front office and failed to meet expectations this season.
However, the statistics will show that he was one of the most efficient Bulls coaches ever in the regular season, although his troubles came in the playoffs where he was ultimately unable to get past LeBron James whether it was in Cleveland or Miami.
Hoiberg, 42, spent four of his 10 years playing in the NBA with the Bulls, and has gained recognition and respect for the work he has done at college level.
He has coached Iowa State to the NCAA tournament in four of the last five years, helping them to the Sweet 16 stage in 2014 and has won more than 25 games in each of the past two seasons.
Nevertheless, he has also suffered with health concerns after needing heart surgery, and that was believed to be a real sticking point in his decision to make the jump up to the NBA.
However, he has opted to do it and the Bulls will help that he is the right man to get the best out of the current roster.