[1] He was drafted into the National Basketball Association (NBA) where, over his 10-year career, he played for the Indiana Pacers, Chicago Bulls, and Minnesota Timberwolves.

After retiring as a player, he served as vice president for basketball operations for the Minnesota Timberwolves before beginning his coaching career at his alma mater, Iowa State University.

On July 28, 2003, Hoiberg signed as a free agent to play for the Timberwolves, where he received greater acclaim as a three-point specialist.

Hoiberg underwent surgery in June 2005 to correct an enlarged aortic root (aneurysm of sinus of Valsalva).

The operation was successful, but after a brief comeback attempt as a player, on April 17, 2006, Hoiberg announced his retirement from basketball to take a job in the Timberwolves front office.

Hoiberg won his first official game against Northern Arizona, 78–64, on November 12, 2010, while his first Big 12 victory came against Baylor, 72–57, on January 15, 2011, in Hilton Coliseum.

[8] In his rookie season as head coach, the Bulls missed the playoffs for the first time in eight years, failing to meet preseason expectations.

In his second season, the Bulls lost in the first round of the playoffs to the Boston Celtics after taking a 2–0 lead, and were again perceived as underachieving.

Hoiberg was born in Lincoln, Neb., and his grandfather Jerry Bush was the head men's basketball coach at Nebraska from 1954 to 1963.

[13] According to ESPN, the scare over Hoiberg, combined with Rudy Gobert of the Utah Jazz testing positive for COVID that night, led to a whirlwind of moves the following day that contributed to the effective end of the 2019–20 collegiate sports season.

Hoiberg signed a contract extension on March 19, 2024, after leading the Huskers back to the NCAA Tournament for the eighth time in school history and first since 2014.

Conference tournament champion Hoiberg is the son of an Iowa State sociology professor father and elementary school teacher mother, and received a degree in finance from ISU in 1995.

On April 17, 2015, Hoiberg underwent a successful replacement of his aortic valve at the Mayo Clinic in Rochester, Minnesota.