Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -Finovate
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-24 12:02:33
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! (9515)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Tori Spelling and Dean McDermott Break Up After 17 Years of Marriage
- Did AI write this headline?
- This snowplow driver just started his own service. But warmer winters threaten it
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Rental application fees add up fast in a tight market. But limiting them is tough
- Inside Clean Energy: A Michigan Utility Just Raised the Bar on Emissions-Cutting Plans
- New York City nurses end strike after reaching a tentative agreement
- Global Warming Set the Stage for Los Angeles Fires
- These 35 Belt Bags Under $35 Look So Much More Expensive Than They Actually Are
Ranking
- Could your smelly farts help science?
- Lady Gaga Shares Update on Why She’s Been “So Private” Lately
- Bob Huggins says he didn't resign as West Virginia basketball coach
- Mary Nichols Was the Early Favorite to Run Biden’s EPA, Before She Became a ‘Casualty’
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Here's where your money goes when you buy a ticket from a state-run lottery
- Q&A: A Republican Congressman Hopes to Spread a New GOP Engagement on Climate from Washington, D.C. to Glasgow
- Warming Trends: A Song for the Planet, Secrets of Hempcrete and Butterfly Snapshots
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
COP26 Presented Forests as a Climate Solution, But May Not Be Able to Keep Them Standing
New Climate Research From a Year-Long Arctic Expedition Raises an Ozone Alarm in the High North
Maps show flooding in Vermont, across the Northeast — and where floods are forecast to continue
South Korean president's party divided over defiant martial law speech
Prince Harry and Meghan Markle Miss King Charles III's Trooping the Colour Celebration
A Maryland TikToker raised more than $140K for an 82-year-old Walmart worker
Get In on the Quiet Luxury Trend With Mind-Blowing Tory Burch Deals up to 70% Off