Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -Ascend Finance Compass
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-13 13:40:53
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! (567)
Related
- The White House is cracking down on overdraft fees
- Billy McFarland Announces Fyre Festival II Is Officially Happening
- Silver Linings From The UN's Dire Climate Change Report
- Matthew McConaughey Recalls Scary Plane Incident With Wife Camila Alves
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Israel hit by huge protests as Netanyahu's judiciary overhaul moves forward
- Bonus Episode: Consider the Lobstermen
- 17 Delicate Jewelry Essentials From Sterling Forever, Oradina, Joey Baby & More
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- A new study predicts a huge increase in catastrophic hurricanes for the northeastern U.S.
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- World's largest cruise ship that's 5 times larger than the Titanic set to make its debut
- Céline Dion Releases New Music 4 Months After Announcing Health Diagnosis
- True Detective Season 4 Teaser Leaves Jodie Foster and Kali Reis Out in the Cold
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- How the war in Ukraine could speed up Europe's climate plans
- Tori Spelling and Dean McDermott Put on United Front in Family Photo With Their Kids
- Biden declares disaster in New Mexico wildfire zone
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Historian Yuval Noah Harari warns of dictatorship in Israel
Millie Bobby Brown's Stranger Things Family Reacts to Jake Bongiovi Engagement
Gigi Hadid Shares Insight Into How She Bonds With 2-Year-Old Khai
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Mass grave in Sudan's West Darfur region found with remains of almost 90 killed amid ethnic violence
Bling Empire’s Kelly Mi Li Gives Birth, Welcomes First Baby With Boyfriend William Ma
Historian Yuval Noah Harari warns of dictatorship in Israel