Former Iowa state basketball player Fred Hoiberg speaks to reporters in Minneapolis in this 2006 file photo. Hoiberg has been hired as the Cyclones’ head coach.

Des Moines, Iowa ? “The Mayor” is returning for a second term in Ames.

Iowa State confirmed the swift and somewhat surprising hiring of Fred Hoiberg late Tuesday night after finalizing negotiations with the former Cyclones standout.

Hoiberg, known as “The Mayor” during his playing career, replaces Greg McDermott, who left Iowa State after four seasons to take over as the head coach at Creighton.

Iowa State will formally introduce Hoiberg at a news conference this morning — just one day after McDermott was introduced at Creighton.

Terms of Hoiberg’s contract with the Cyclones were not immediately available Tuesday night.

Hoiberg, who was the vice president of basketball operations for the Minnesota Timberwolves, is widely regarded as one of the most popular players in Iowa State history.

A prep standout from Ames High, Hoiberg scored nearly 2,000 points for the hometown Cyclones from 1991-95. He spent 10 seasons in the NBA with the Pacers, Bulls and Timberwolves before a heart issue eventually forced him to retire in 2006.

But while Hoiberg was involved in collegiate scouting with Minnesota, he’s never been a head coach. He also inherits a program that has had four straight losing seasons and was hit hard by player defections this spring.

Cyclones standout Craig Brackins declared for the NBA Draft, and fellow standout Marquis Gilstrap had his appeal for an extra season of eligibility denied by the NCAA. Three others, including starting center Justin Hamilton, have announced plans to transfer.