Hoiberg Receives $600K Salary Increase

After a 28-win season, Iowa State University is making Fred Hoiberg one of the top paid coaches in college basketball. Athletics Director Jamie Pollard announced Friday that Hoiberg reached an agreement on a $600,000 raise that will pay him an average annual salary of $2.6 million. Hoiberg's new deal puts him near the top 10 paid coaches nationally. In a statement, Pollard said the university hopes their commitment to Hoiberg will "keep him at Iowa State University for the rest of his career"

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