Balado was introduced Monday by athletic director Terry Mohajir during a campus news conference.
Balado spent the past four seasons as an assistant at Louisville, whose season ended Sunday with a 73-69 loss to Michigan in the NCAA Tournament. He succeeds Grant McCasland, who resigned to coach North Texas. McCasland finished with a 20-12 record in his only season at Arkansas State.
Balado and Mohajir worked together at Florida Atlantic, where Balado was an assistant from 2005-08.