Fred Hoiberg, an American basketball coach, former professional basketball player, and executive, has a net worth of $9 million.
In October 1972, Fred Hoiberg was born in Lincoln, Nebraska.
Hoiberg, who was the captain of the basketball team and quarterback of the football team at Ames High School, won a State Championship in basketball in 1991 and was named the State of Iowa’s “Mr.” in football.
“Basketball”
He was a first-team All-Big Eight player for Iowa State University.
In 2012, Hoiberg was inducted into the National High School Hall of Fame.
During the 1995 NBA Draft, he was selected as the #52 player by the Indiana Pacers.
Between 1995 and 1999, he was a member of the Pacers, and from 1999 to 2003, he played for the Chicago Bulls. Eventually, Hoiberg completed his playing days by playing for the Minnesota Timberwolves from 2003 to 2005.
In 2005, he led the NBA in three-point shooting percentage and played as a shooting guard and small forward.
He was appointed to the position of Vice President of Basketball Operations at the Timberwolves, where he joined the coach staff.
Hoiberg assumed the role of head coach at Iowa State in 2010.
He was honored with the Big 12 Tournament Championship and Big 12 Coach of the Year award in 2012.
He was appointed as the head coach of the Chicago Bulls in 2015 and signed a contract worth $5 million per year.