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Chicago Bulls agree to deal with Fred Hoiberg

The best thing to happen to sports since…

On Tuesday the Chicago Bulls will officially announce that they have hired Fred Hoiberg to be their new head coach. The 42-year-old Iowa State coach has agreed to a five-year, $25 million deal to return to Chicago, where he spent four years as a player during his NBA career.

Hoiberg has been rumored as the eventual coach of the Bulls for a few years now. Chicago general manager Gar Forman has been enamored with Hoiberg for a while, so this move isn’t surprising at all. Hoiberg has been the head coach at Iowa State since 2010 and boasts a record of 115-56.