Fred Hoiberg net worth
Fred Hoiberg Net Worth and Salary: Fred Hoiberg is an American basketball coach, former professional basketball player and executive who has a net worth of $9 million. Fred Hoiberg was born in October 1972 in Lincoln, Nebraska. Hoiberg was the captain of the Ames High School basketball team and the quarterback of the football team, and won the basketball state championship in 1991 and was named Iowa’s “Mr. Basketball.”
He played for Iowa State University and was selected to the quarterfinals. Hoiberg was inducted into the National High School Hall of Fame in 2012. He was selected 52nd overall by the Indiana Pacers in the 1995 NBA draft. He played for the Pacers from 1995 to 1999 and then the Chicago Bulls from 1999 to 2003. Hoiberg ended his career with the Minnesota Timberwolves from 2003 to 2005. He is a shooting guard and small forward who leads the NBA in 3-point shooting. In 2005, he joined the Timberwolves’ coaching staff and served as the Timberwolves’ vice president of basketball operations. Hoiberg became Iowa State’s head coach in 2010. In 2012, he won the Big 12 Championship and was named Big 12 Coach of the Year. In 2015, he became the head coach of the Chicago Bulls and signed a contract with an annual salary of $5 million.
