Hubbard's trumpet work was featured on more than 300 albums. He won a Grammy Award in 1972 for his album "First Light."
In 2006, Hubbard was named a Jazz Master by the National Endowment for the Arts. In June, he released a new CD, "On the Real Side," marking his first album in seven years.
"He played faster, longer, higher and with more energy than any other trumpeter of his era," said David Weiss, Hubbard's manager, arranger and producer, who also played with Hubbard's band, The New Jazz Composers Octet.
Born Frederick DeWayne Hubbard on April 7, 1938, in Indiana, the musician is survived by his wife of 35 years, Briggie Hubbard, and a son, Duane.
Funeral services were pending.
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