Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -WealthSphere Pro
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-13 13:36:28
Nebraska women's volleyball coach John Cook is one of the best coaches in the sport. His new contract comes with a raise but also something you wouldn't expect to see: money that will go toward helping him buy a horse.
Nebraska announced Wednesday that Cook had signed a new five-year contract that will run through Jan. 31, 2029. Cook's annual salary will be $825,000 − a $75,000 annual increase − and he is eligible to receive bonuses if his program reaches certain levels of athletic achievement. The contract also includes a deferred compensation agreement. In addition, he'll get a $70,000 retention bonus on July 1, 2024.
Including the $1 million deferred compensation deal, Cook will have a contract that has an average annual value of just over $1 million.
The retention bonus will be used to help Cook get a horse.
"When (athetic director) Troy (Dannen) and I talked about my contract, I proposed that instead of an annual escalating salary that some coaches do, it would mean a great deal to me if the Nebraska athletic department would consider supporting me in purchasing a horse out in central Nebraska that I've had my eye on," Cook said in a statement.
Cook added the horse, called No. 415, was born and bred at the Pitzer Ranch in Ericson, Nebraska, and is a "once-in-a-lifetime performance horse."
"Troy loved the idea and while they couldn't specifically write that into the contract, the retention bonus will be used for No. 415. I am honored that Troy was supportive of my idea and it means a lot to me," Cook said.
It seems like a small price to pay for one of the most successful coaches in women's volleyball.
Since Cook took over in 2000, Nebraska has won four NCAA championships, 13 conference titles and has the best winning percentage. Cornhuskers fans broke the national and world attendance record for any women's sporting event in August when 92,003 people packed into the football team's Memorial Stadium for "Volleyball Day," when the team played the Omaha Mavericks.
This past season, the Cornhuskers went 33-2 and lost to Texas in the national championship game. The team opens the 2024 season on Aug. 30 against Texas A&M-Corpus Christi.
Cook will be trying to win another national championship. But might he become an award-winning horse owner, too?
Contributing: Steve Berkowitz
veryGood! (652)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Pig kidney transplanted into man for first time ever at Massachusetts General Hospital
- Conor McGregor Shares Rare Comment About Family Life
- Texas immigration ruling puts spotlight on nation’s most conservative federal appeals court
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Ohtani’s interpreter is fired by Dodgers after allegations of ‘massive theft’ from Japanese star
- U.K. food delivery driver who bit customer's thumb clean off over pizza dispute pleads guilty
- Power Five programs seeing increase of Black men's and women's basketball head coaches
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Stuck at home during COVID-19, Gen Z started charities
Ranking
- Average rate on 30
- Lululemon Lovers Rejoice! They Just Added Tons of New Items to Their We Made Too Much Section
- What channel is truTV? How to watch First Four games of NCAA Tournament
- Teen to pay fine and do community service to resolve civil rights vandalism complaint
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Two-time LPGA major champion So Yeon Ryu announces retirement at 33
- In Japan, Ohtani’s ‘perfect person’ image could take a hit with firing of interpreter over gambling
- Arizona has struggled in the NCAA Tournament. Can it shake it off with trip to Final Four?
Recommendation
The Daily Money: Spending more on holiday travel?
1 of 17 bus companies sued by NYC agrees to temporarily stop transporting migrants, Mayor Adams says
Virginia wildfire map: See where fires are blazing as some areas deal with road closures
Biden administration forgives $6 billion in student debt. Here's who qualifies for forgiveness.
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Broadway star Sonya Balsara born to play Princess Jasmine in 'Aladdin' on its 10th anniversary
Major airlines want to hear how Boeing plans to fix problems in the manufacturing of its planes