TOUCH DOWN: Nebraska Cornhusker Men’s Basketball Head Coach Fred Hoiberg Announces Departure Following $56.7 Million Deal with Dallas
In a stunning and unexpected development, Nebraska Cornhuskers men’s basketball head coach Fred Hoiberg has officially announced his departure from the program, effective immediately. The announcement comes on the heels of Hoiberg signing a lucrative $56.7 million contract to become the new head coach of the Dallas Mavericks, marking a dramatic career shift and a monumental leap back into the NBA.
Hoiberg, who has led the Cornhuskers since 2019, made the announcement during a press conference earlier this morning, expressing both gratitude and optimism about the future.
“It’s been an incredible journey here at Nebraska,” Hoiberg said. “I want to thank the fans, my players, the athletic department, and the entire Lincoln community for their unwavering support. This wasn’t an easy decision, but the opportunity with Dallas is something I couldn’t pass up.”
During his tenure with Nebraska, Hoiberg faced early challenges but showed steady progress in recent seasons, including a notable turnaround during the 2023-24 season that reignited hope within the program. Under his leadership, the team began to show signs of becoming a competitive force in the Big Ten. Hoiberg’s emphasis on player development, fast-paced offense, and recruiting improvements were widely praised despite the team not reaching the NCAA Tournament during his time.
The $56.7 million deal with the Dallas Mavericks positions Hoiberg back in the NBA spotlight, where he previously served as head coach of the Chicago Bulls from 2015 to 2018. The Mavericks, currently in the midst of a major restructuring effort, are looking to Hoiberg to bring a fresh vision and collegiate energy to a team eager for a new identity and playoff success.
Dallas Mavericks owner Mark Cuban expressed high confidence in Hoiberg’s ability to lead the franchise into a new era. “Fred is a proven leader, a sharp basketball mind, and someone who understands how to develop talent and adapt to today’s game,” Cuban said in a statement. “We believe he’s the right person to guide this team to its next chapter.”
Nebraska Athletic Director Trev Alberts confirmed that a national search for Hoiberg’s replacement will begin immediately. Associate Head Coach Nate Loenser will serve as interim head coach.
As the Cornhusker faithful react to the sudden departure, many are left both surprised and reflective. Hoiberg’s exit leaves a complex legacy—one marked by perseverance, steady improvement, and an undeniable passion for the game.
One chapter closes in Lincoln, while a new and high-profile one begins in Dallas.