Hoiberg said he will keep an open mind in searching for…

More on Fred Hoiberg Contract

Former Chicago Bulls and Iowa State Cyclones head coach Fred Hoiberg told ESPN on Monday that he'd prefer to stay in coaching -- at either the college or pro level -- rather than return to an NBA front-office role. "My passion is in coaching," Hoiberg said, "and I'm looking forward to what lies ahead."
Adrian Wojnarowski: Minnesota GM Scott Layden will remain in place for now, but his future is uncertain. Fred Hoiberg and ESPN analyst Chauncey Billups have been discussed internally as possible candidates for GM or head coach, per sources. Hoiberg appears focused on a return to NBA coaching.
Adrian Wojnarowski: As @KC Johnson reports, Hoiberg's preference is to remain in the NBA over college basketball -- regardless of UCLA's interest. Ultimately, Hoiberg could have his choice of jobs with the Timberwolves. Not both, though. Minnesota wants to separate front office and coaching duties.
Adrian Wojnarowski: Fred Hoiberg is a serious consideration of Minnesota owner Glen Taylor to become either the GM or head coach in the future, league sources tell ESPN. Hoiberg was an assistant GM in Minnesota prior to Iowa State. Scott Layden remains GM now.
Adam Zagoria: Source on Fred Hoiberg/UCLA: "There will be openings in the NBA... I think he will consider that 1st." pic.twitter.com/GNUVx9nZZk
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