Nebraska AD: Hoiberg to return next season, will get pay cut

Published February 24, 2022 4:59 PM

LINCOLN, Neb. (AP) — Nebraska coach Fred Hoiberg will return for a fourth season but has agreed to a pay cut and a reduced buyout if he’s fired after next season. Athletic Director Trev Alberts made the announcement on Thursday night. Hoiberg is 21-65 overall and 6-49 in the Big Ten entering a home game against No. 25 Iowa on Friday. The Huskers are 7-20 this season, with just one win in Big Ten play. Hoiberg’s salary will be reduced to $3.25 million from $3.50 million, and he will forfeit a $500,000 retention bonus. His contract buyout was reduced from $18.5 million to $11 million.

Article Topic Follows: AP National Sports

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

News Channel 3 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.