Nebraska coach Fred Hoiberg gets two-year extension, hefty raise

FaceProfileby:Thomas Goldkamp•03/19/24

Nebraska basketball coach Fred Hoiberg has been given a two-year contract extension with a substantial raise, the program announced on Tuesday afternoon.

The news comes on the heels of an NCAA Tournament appearance for the Cornhuskers, who earned a No. 8 overall seed in this year’s Big Dance. It is the first NCAA Tournament appearance for the program in Hoiberg’s five years in charge.

Hoiberg will now have his contract run through the 2028-29 season, while his salary is being bumped from $3.5 million to $4.25 million. The salary will increase over the life of the deal, according to USA Today’s Steve Berkowitz.

Nebraska has enjoyed considerable success under Hoiberg of late after a slow start to his tenure.

The Cornhuskers won just seven games in each of his first two seasons at the helm before winning 10 in his third year. The program finally hit .500 in Year 4, going 16-16, though with a 9-11 conference record.

This year Nebraska has been much more formidable. Led by Keisei Tominaga, the program won 23 games prior to the NCAA Tournament. The Cornhuskers went 12-8 in Big Ten play, tied for third.

Fred Hoiberg talks NCAA Tournament prep

Though the NCAA Tournament berth will be new for Fred Hoiberg and the Cornhuskers, they don’t plan to change up a whole lot in getting ready for No. 9 seed Texas A&M.

“We’re going to do the exact same thing we’ve done all year,” Hoiberg said after his team’s Big Ten Tournament run ended. “We’re going to learn from this one and start focusing on whoever our opponent will be, and we’ll know that tomorrow. … Coaches will get in the film room and start working on the game plan, and we’ll get the guys in there and present a first look to them and start working that way.”

Nebraska will open the NCAA Tournament on Friday against Texas A&M, with a game that tips off at 6:50 p.m. ET on TNT.

The game is being played at FedEx Forum in Memphis, Tenn., as part of the South Region. Nebraska is currently a 1.5-point favorite in the game, according to odds listed by ESPNBET.