University of Nebraska-Lincoln Athletic Director Trev Alberts said Thursday Husker men’s basketball coach Fred Hoiberg will stay with the program for the 2022-23 season.Alberts provided the endorsement of the beleaguered coach during Alberts’ scheduled appearance on the Husker Sports Network.Hoiberg’s Huskers are 7-20 this season, with just one win in 15 Big Ten conference games, and the Huskers are days away from closing out their third straight 20-loss season.The endorsement comes with concessions from the head coach. Hoiberg’s salary will be reduced, and he will forfeit a $500,000 stay bonus. His buyout also will be reduced from $18.5 million to $11 million.In a news release, Alberts said he has had several productive meetings with Hoiberg.“Fred has presented a plan to me that I believe is in the best long-term interest of the Nebraska Athletic Department and our men’s basketball program,” said Alberts in the news release. ” Additionally, Fred has agreed to restructure his contract to help us make the changes that are necessary to reorient our program. I believe in Fred and look forward to working with him as he executes his vision for the future of Nebraska men’s basketball.”In just under three years as Huskers head coach, Hoiberg is 21-65 with just 6 wins in Big Ten Conference play.Hoiberg expressed gratitude for the vote of confidence.”Our results on the court have not been what anyone would have hoped, but I am more committed than ever to building a successful basketball program at Nebraska.”
University of Nebraska-Lincoln Athletic Director Trev Alberts said Thursday Husker men’s basketball coach Fred Hoiberg will stay with the program for the 2022-23 season.
Alberts provided the endorsement of the beleaguered coach during Alberts’ scheduled appearance on the Husker Sports Network.
Hoiberg’s Huskers are 7-20 this season, with just one win in 15 Big Ten conference games, and the Huskers are days away from closing out their third straight 20-loss season.
The endorsement comes with concessions from the head coach. Hoiberg’s salary will be reduced, and he will forfeit a $500,000 stay bonus.
His buyout also will be reduced from $18.5 million to $11 million.
In a news release, Alberts said he has had several productive meetings with Hoiberg.
“Fred has presented a plan to me that I believe is in the best long-term interest of the Nebraska Athletic Department and our men’s basketball program,” said Alberts in the news release. ” Additionally, Fred has agreed to restructure his contract to help us make the changes that are necessary to reorient our program. I believe in Fred and look forward to working with him as he executes his vision for the future of Nebraska men’s basketball.”
In just under three years as Huskers head coach, Hoiberg is 21-65 with just 6 wins in Big Ten Conference play.
Hoiberg expressed gratitude for the vote of confidence.
“Our results on the court have not been what anyone would have hoped, but I am more committed than ever to building a successful basketball program at Nebraska.”
