Fred Hoiberg to return next season

Trev Alberts confirms the men's head basketball coach will return for the 2022-23 season with a restructured contract.

LINCOLN, Neb. (KLKN) – Athletic Director Trev Alberts confirmed that Fred Hoiberg will return next season as head coach.

Alberts made the announcement on the Husker’s Sports Nightly radio show.

During the radio show, Alberts said that Hoiberg will come back for the 2022-23 season with a restructured contract.

The restructured contract will include a salary reduction to $3.25 million and a buyout reduced to $11 million.  Hoiberg also gives up a $500,000 stay bonus.

Statement from @TrevAlberts & @CoachHoiberg. pic.twitter.com/x8UPudSPpp

— Nebraska Huskers (@Huskers) February 25, 2022