When Tom Thibodeau would be fired was more of a pressing question than if Tom Thibodeau would be fired. The hammer came down a few years ago and from the onset, Fred Hoiberg’s name emerged. Hoiberg has played in the league and has head coaching experience at the college level, but his hiring still catches many off-guard. It will be interesting to see if the Bulls regress next year due to the change at the helm.
Fred Hoiberg has signed a five-year contract worth nearly $25 million to coach the Chicago Bulls, league sources told Yahoo Sports.
Chicago has a news conference set for Tuesday afternoon to introduce Hoiberg as coach.
Hoiberg’s contract is comparable to deals that Golden State’s Steve Kerr and New York Knicks’ Derek Fisher signed a year ago.Hoiberg had been making $2.6 million a year at Iowa State.
H/T: yahoo
