The Chicago Bulls have cut ties with head coach Fred Hoiberg following the team's 5-19 start to the season. Hoiberg was named Bulls head coach in June of 2015 after five seasons at Iowa State. During his tenure, the Bulls had a record of 115-155.
According to reports, associate head coach Jim Boylen has been promoted to head coach.
Chicago Bulls' executive vice president of basketball operations John Paxson released the following statement.
"Decisions like this one are never easy to make, however I felt this was the right choice for our organization at this time," Paxson said in a statement.
"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."
The Bulls have lost six straight and 10 of their last 11 as they head to Indiana for a matchup against the Pacers on Tuesday night.