Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -DataFinance
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-18 06:07:14
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! (397)
Related
- Sam Taylor
- As Enforcement Falls Short, Many Worry That Companies Are Flouting New Mexico’s Landmark Gas Flaring Rules
- Remembering Cory Monteith 10 Years After His Untimely Death
- Striking actors and studios fight over control of performers' digital replicas
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- ‘Green Hydrogen’ Would Squander Renewable Energy Resources in Massachusetts
- Women fined $1,500 each for taking selfies with dingoes after vicious attacks on jogger and girl in Australia
- Save 30% on the TikTok-Loved Grande Cosmetics Lash Serum With 29,900+ 5-Star Reviews on Prime Day 2023
- What do we know about the mysterious drones reported flying over New Jersey?
- Pennsylvania Environmental Officials Took 9 Days to Inspect a Gas Plant Outside Pittsburgh That Caught Fire on Christmas Day
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- You Need to See Robert De Niro and Tiffany Chen’s Baby Girl Gia Make Her TV Debut
- Shopify's new tool shows employees the cost of unnecessary meetings
- Lisa Marie Presley’s Cause of Death Revealed
- New data highlights 'achievement gap' for students in the US
- Navigator’s Proposed Carbon Pipeline Struggles to Gain Support in Illinois
- Meghan King Reveals Wedding Gift President Joe Biden Gave Her and Ex Cuffe Biden Owens
- Logging Plan on Yellowstone’s Border Shows Limits of Biden Greenhouse Gas Policy
Recommendation
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Confronting California’s Water Crisis
Renewables Projected to Soon Be One-Fourth of US Electricity Generation. Really Soon
U.S. cruises to 3-0 win over Vietnam in its Women's World Cup opener
South Korean president's party divided over defiant martial law speech
Texas woman Tierra Allen, social media's Sassy Trucker, trapped in Dubai after arrest for shouting
The Most-Cited Number About the Inflation Reduction Act Is Probably Wrong, and That Could Be a Good Thing
Patrick and Brittany Mahomes Are a Winning Team on ESPYS 2023 Red Carpet