Fred Hoiberg agreed to a 10-year, $20 million deal that will keep him at Iowa State through the 2022-23 season.

“I wanted to be here,” Hoiberg said after the contract was announced. “I’m thankful this deal got done. I’m excited to be the coach of the Cyclones for a very long time.”

Hoiberg acknowledged that he received coaching inquiries from NBA franchises.

“It's been great for me to be home,” Hoiberg told reporters at last week’s NCAA Tournament. “I grew up five blocks from Hilton Coliseum, used to walk to games. I was a ball boy as a kid. I was a ball boy for the football team, and I've just always had such a great passion for Cyclone athletics.

“To be back there coaching now, it's a dream come true for me.”

Marcus Smart has been named the Big 12 Player of the Year, becoming the first freshman to win the award since Michael Beasley in 2008 and Kevin Durant in 2007. Smart also was named Freshman of the Year.

Smart is joined on the All-Big 12 First Team by Ben McLemore and Jeff Withey of Kansas, Rodney McGruder of Kansas State and Romero Osby of Oklahoma.

On the All-Big 12 Second Team are Travis Releford of Kansas, Angel Rodriguez of Kansas State, Markel Brown of Oklahoma State, Will Clyburn of Iowa State and Pierre Jackson of Baylor.

On the All-Big 12 Third Team are Isaiah Austin of Baylor, Oklahoma's Amath M'Baye and Steven Pledger, LeBron Nash of Oklahoma State and Iowa State's Melvin Ejim.

Withey was the Big 12 Defensive Player of the Year.