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04/28/2010 - Ames, IA (Sportsbook Betting Lines) - Fred Hoiberg was introduced Wednesday as the new men's basketball coach at Iowa State and called the return to his alma mater "a dream come true."
Hoiberg, who starred for the Cyclones in the 1990s, agreed to a five-year contract with a base salary of $800,000 on Tuesday.
"It's a Hollywood script for me to take the reins of a program that I cheered for as a kid, played for as a collegian and followed closely for more than a decade as an alum," said Hoiberg on Wednesday.
The 37-year-old Hoiberg played for Iowa State from 1991-95 and then spent 10 years in the NBA, with stops in Indiana, Chicago and Minnesota. He averaged 5.4 points over a 541-game career.
Hoiberg received the nickname "The Mayor" when he received a write-in vote for the Ames, Iowa mayoral race. He was honored as Mr. Basketball in Iowa for 1991 and the following season he enrolled at Iowa State.
The Cyclones won 78 games and played in three NCAA Tournaments in his career. He is the school's third all-time leading scorer with 1,993 points and his No. 32 jersey was retired in 1997.
"We are all familiar and proud of the distinguished career of Fred," said school president Dr. Gregory Geoffroy. "Bringing an All-American -- both in the classroom and on the basketball court -- back to our staff is cause for celebration and it's even more thrilling since he is a native son."
Hoiberg served as the assistant general manager with the Timberwolves for three seasons after retiring from the NBA in 2006 and spent the past year as the team's vice president of basketball operations, but apparently had previously campaigned for the Iowa State position.
"Four years ago, Fred expressed interest in our head coaching position and he's been on my short list ever since," said Iowa State athletic director Jamie Pollard. "It did not take very long for me to see his passion, his quiet confidence and his plan to have success in our men's basketball program. Based upon his personal experiences, Fred is better equipped and positioned than anyone to take the reins of this program."
Iowa State needed a replacement for Greg McDermott, who left Monday to take the head coaching job at Creighton. He spent the past four seasons as head coach of the Cyclones, going 15-17 a year ago with a 4-12 record in the Big 12, and was 59-68 overall since arriving in Ames in 2006.
<< Trezeguet eyes Milan switch
Turin, Italy (Sportsbook Betting Lines) - Juventus striker David Trezeguet has his
sights set on a summer switch to Serie A rivals AC Milan.
The 32-year-old is expected to leave Juve after a decade of service, but hopes
to remain in Italy rather
<< Hoffenheim confirms Hildebrand exit
Sinsheim, Germany (Sportsbook Betting Lines) - Germany international goalkeeper Timo
Hildebrand will leave Hoffenheim at the end of the season, having spent just
over a season with the Bundesliga outfit.
The 31-year-old joined Hoffe in January
<< Gilardino vows to stay at Fiorentina
Florence, Italy (Sportsbook Betting Lines) - Italy striker Alberto Gilardino has vowed
to remain with Fiorentina next term, despite a disappointing season for the
Florence club this time around.
La Viola are currently in ninth place in Serie A
<< Ribery set to miss final through suspension
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich's call on UEFA to be lenient
with Franck Ribery has fallen on deaf ears after the France star was handed a
three-game ban which rules him out of the Champions League final.
The Bundesliga g
Hilbert set for Stuttgart exit >>
Stuttgart, Germany (Sportsbook Betting Lines) - Stuttgart midfielder Roberto Hilbert
will leave the club on a free transfer at the end of the season.
The 25-year-old moved to the club from Greuther Fuerth almost four years ago
and was an ever-pr
Riki commits future to Deportivo >>
Madrid, Spain (Sportsbook Betting Lines) - Former Getafe striker Riki has signed a new
contract with Deportivo La Coruna that will keep him at the Riazor for another
three seasons.
The 29-year-old has spent the last four seasons with Depor and is
Schnyder reaches quarters; Suarez Navarro exits Morocco >>
Fes, Morocco (Sportsbook Betting Lines) - Swiss veteran Patty Schnyder moved into the
quarterfinals, while top-seeded Carla Suarez Navarro exited the draw Wednesday
at the $220,000 Moroccan Grand Prix tennis tournament.
The second-seeded Schnyd
Stanley Cup Playoff Preview - Chicago vs. Vancouver >>
(Sportsbook Betting Lines) - The Chicago Blackhawks could have earned more style points
in their opening round series against Nashville, but in the NHL playoffs the
maxim is survive and advance, and according to that rule they did just fine.
The road
MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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