Hoiberg receives contract extension

The University of Nebraska has announced a contract extension with basketball coach Fred Hoiberg. Interim Athletic Director Dennis Leblanc and University of Nebraska Interim President Chris Kabourek made the official announcement on Tuesday.

Hoiberg’s contract has been extended through the 2028-29 season. His salary will increase to $4.25 million next season, with annual increases. The head coach said that he’s excited to continue what he started at Nebraska.

“I’m appreciative of the confidence our administration has shown in our staff’s leadership of the Husker basketball program. With our history at the University of Nebraska, this is a special place for our family. We want to continue to build a program that our fans can embrace and one that represents the values of Nebraskans. With the phenomenal facilities and fan support in place, we are positioned to do things that have never been accomplished by the Husker men’s basketball program.”

Hoiberg is currently in the middle of his fifth season as the head coach of Nebraska. He currently holds a school record of 63-93 and an overall mark of 178-149.

The head coach is preparing for his first NCAA tournament game at Nebraska and the school’s first tournament game since 2014. Leblanc and Kabourek also confirmed that talks are underway with Head Women’s Basketball Coach Amy Williams regarding a contract extension.

The Nebraska Cornhuskers will face the Texas A&M Aggies in the NCAA Tournament’s first round on Friday, March 22, at 5:50 p.m.

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Story originally appeared on Cornhuskers Wire