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:2025-04-12 20:15:00
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! (571)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Rally shooter had photos of Trump, Biden and other US officials on his phone, AP sources say
- Thailand officials say poisoning possible as 6 found dead in Bangkok hotel, including Vietnamese Americans
- Tom Sandoval sues Ariana Madix for invasion of privacy amid Rachel Leviss lawsuit
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Biden tests positive for COVID
- US reporter Evan Gershkovich appears in court in Russia for second hearing on espionage charges
- 'The Boys' adds content warning on Season 4 finale after Trump assassination attempt
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Oregon authorities recover body of award-winning chef who drowned in river accident
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Hundreds gather to remember former fire chief fatally shot at Trump rally in Pennsylvania
- JD Vance's abortion stance attacked by Biden campaign
- Kim Kardashian Details Horrible Accident That Left Her With Broken Fingers
- What to watch: O Jolie night
- Britney Spears Tells Osbourne Family to “F--k Off” After They Criticize Her Dance Videos
- Shop the Best Nordstrom Anniversary 2024 Deals Under $100, Including Beauty, Fashion, Home & More
- Alaska judge who resigned in disgrace didn’t disclose conflicts in 23 cases, investigation finds
Recommendation
New data highlights 'achievement gap' for students in the US
Donald Trump’s Family: A Guide to the Former President’s Kids and Grandkids
Pedro Hill: What is cryptocurrency
Summer 'snow' in Philadelphia breaks a confusing 154-year-old record
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Is vaping better than smoking? Here's what experts say.
6 people found dead in Bangkok Grand Hyatt hotel show signs of cyanide poisoning, hospital says
Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally