Ames, IA (SportsNetwork.com) - Iowa State men's basketball coach Fred Hoiberg is scheduled to undergo open heart surgery to replace his aortic valve, the school announced Friday.

Hoiberg, who retired from the NBA because of heart issues, will have the procedure next Friday at the Mayo Clinic in Rochester, Minnesota.

"After my initial surgery to replace my aortic root 10 years ago, I knew that this was something that would need to be done at some point," Hoiberg said in a statement Friday. "My valve has severe regurgitation and the time has come to get it replaced. I am hopeful that this will be my last surgery and I'm looking forward to getting this behind me."

Hoiberg has led the Cyclones to a school-record four consecutive NCAA Tournament appearances and back-to-back Big 12 tournament titles. Iowa State dropped its NCAA Tournament opener to UAB this season.