Fred Hoiberg turns down Gophers, gets 10-year extension at Iowa State
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Dinkytown won't have a new "mayor."
Fred Hoiberg turned down the Gophers men's basketball head coaching job and agreed to a 10-year, $20 million extension at Iowa State, a source said on Thursday night.
Jamie Pollard, Iowa State athletic director, confirmed the news on Twitter.
Hoiberg, 40, met with University of Minnesota athletic director Norwood Teague and senior associate athletic director Mike Ellis and was told the job was his if he wanted it, two sources said.
Both sources said Hoiberg was told every amenity -- practice facility, more access to private jets, etc. -- was a guarantee.
However, one of the sources said it's 75/25 that Hoiberg won't leave Iowa State for another college job, and the extension made sure that's the case, at least for now.
Hoiberg has Minnesota ties, having played for the Timberwolves from 2003 to '05 and subsequently worked in the team's front office.
He played from 1991 to '95 for Iowa State in Ames, where he's affectionately known as "The Mayor," and returned to coach his alma mater in 2010.
The Cyclones were 16-16 in Hoiberg's first season, then improved to 23-11 and 23-12 the past two years, advancing to the round of 32 in the NCAA Tournament each season.