Friday , Jul , 23 , 2004 C.Y. Ellis

Minnesota re-signs Hoiberg

=== Minnesota re-signs Hoiberg ===

Minneapolis, MN (Sports Network) – The Minnesota Timberwolves Friday re-signed
free agent guard Fred Hoiberg to a multi-year contract. As per team policy,
financial terms of the deal were not disclosed.

“We’re excited to have re-signed Fred and have him return to the Timberwolves
organization,” vice president of basketball operations Kevin McHale said.
“Fred was a very important part of our team’s success last season. He’s a very
versatile player who provides great shooting, defense and depth at the
shooting guard and small forward positions.”

The 31-year-old Hoiberg, who was signed by Minnesota on July 28, 2003,
averaged 6.7 points and 3.4 rebounds with the Timberwolves last year.

“I’m very glad to be returning to Minnesota,” said Hoiberg. “I’m looking
forward to building on the team’s success from last season and helping it
reach the ultimate goal – an NBA championship.”

The Iowa State product has career averages of 5.4 points, 2.7 rebounds and 1.6
assists in 465 NBA games with Indiana, Chicago and Minnesota.