Multiple news outlets are reporting that Steve Prohm, the current head coach at Murray State, has reached an agreement to become the head coach of Iowa State men's basketball.

Murray State’s Steve Prohm has reached an agreement to become Iowa State’s next head coach, a source told @CBSSports. Story coming. — Gary Parrish (@GaryParrishCBS) June 8, 2015

Here is Parrish's article hot off the presses.

Iowa State AD Jamie Pollard is en route to bring Prohm to Ames. Team meeting in Ames in about an hour. Official announcement coming today. — Seth Davis (@SethDavisHoops) June 8, 2015

Contract details have not been publicized at this time, but over the weekend rumors broke that Jamie Pollard was looking to spend in the $1.5 to $1.75M range, which would be a three fold increase over the salary Prohm is earning after his contract extension earlier this year.

Prohm is widely regarded as an excellent Xs and Os coach and plays an up tempo style of basketball that fans in Ames are used to. There would be concerns about his ability to coach at a high level, and he's never coached outside of the South. However, Matt Norlander lays a lot of those concerns to rest:

Prohm has four years of head coaching experience, all at Murray State. Has a 104-29 record and nurtured two NBA-level PGs. — Matt Norlander (@MattNorlander) June 8, 2015

Other initial reactions to the hire have been very positive as well.

FWIW, I had to do the NIT story for AP this year. They had Prohm on ESPNU and I remember having a strong first impression. — LukeMeredith (@LukeMeredithAP) June 8, 2015

Murray State's Steve Prohm. Plays the way the Cyclones need to play. https://t.co/I1ZBJ85vfD — Brian Hamilton (@BrianHamiltonSI) June 8, 2015

I like this hire for ISU. RT @GaryParrishCBS: Murray State’s Steve Prohm has reached an agreement to become Iowa State’s next head coach — Bryan Fischer (@BryanDFischer) June 8, 2015

Steve Prohm to Iowa State. He’s no mayor, but he can flat out coach. I like that move. — Troy Machir (@TroyMachir) June 8, 2015

Good move by Pollard. https://t.co/clRsd93LR9 — Myron Medcalf (@MedcalfByESPN) June 8, 2015

Steve Prohm is a great hire for Iowa State. Consistently successful, coached/developed pros. Also, will be no shortage of names for Murray. — Jeff Borzello (@jeffborzello) June 8, 2015

Iowa St. may have lost the Mayor, but give Prohm time and he could wind up Governor. Fantastic coach. https://t.co/r14HkHDSZp — Brad Evans (@YahooNoise) June 8, 2015

In a business full of sharks, there is Not a better human being than @CoachProhm. Iowa St you got a great coach. — LeVelle Moton (@LeVelleMoton) June 8, 2015

Even one of the other candidates is in full support of the hire:

We'll have more as the story develops, but for now, let's welcome Steve Prohm to the Cyclone family!