Hoiberg was long rumored as the replacement for Thibodeau, who was fired last week after five seasons.

Hoiberg went 115-56 with the Cyclones, including four straight NCAA Tournament appearances and back-to-back Big 12 tournament titles. He had open-heart surgery in April.

He takes over a team that entered the season eyeing a championship with the return of Derrick Rose from another knee surgery and the signing of Pau Gasol last summer. The Bulls came up short, struggling through injuries in a 50-win regular season and lost to LeBron James and the banged-up Cleveland Cavaliers in the Eastern Conference semifinals.

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