The Chicago Bulls have fired Fred Hoiberg. Hoiberg was named Chicago’s head coach on June 2, 2015 after spending five seasons as head coach at Iowa State. During his time with the Bulls, he coached the team to a record of 115-155 (.426).

Jim Boylen has been promoted to head coach.

“Decisions like this one are never easy to make, however I felt this was the right choice for our organization at this time," said John Paxson. "After a thorough evaluation, I elected to make this move with the overall development of our team in mind. As a team, I believe it is imperative that we make unfaltering strides in the right direction and build the right habits to help put our players in the best position to evolve not only now, but into the future. I want to thank Fred for his dedication and efforts, as well as for his enduring commitment to our team.”