Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -InvestPro
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-18 00:50:36
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! (8283)
Related
- Nevada attorney general revives 2020 fake electors case
- U.S. measles cases reach 125 this year, topping 2022's large outbreaks
- What is a cicada? What to know about the loud insects set to take over parts of the US
- Online gambling casts deepening shadow on pro sports
- Bodycam footage shows high
- Jim Harbaugh keeps promise, gets Michigan tattoo in honor of national championship season
- Will there be a ‘superbloom’ this year in California? Here’s what to know
- Marijuana grow busted in Maine as feds investigate trend in 20 states
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- A man escaped Sudan’s bloody civil war. His mysterious death in Missisippi has sparked suspicion
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Joel Embiid returns after injury scare, but Knicks take Game 1 against 76ers
- Halloweentown Costars Kimberly J. Brown and Daniel Kountz Are Married
- Banana Republic Factory Has Summer Staples For Days & They're All Up To 60% Off
- Rylee Arnold Shares a Long
- 3 hospitalized after knife attack on boat in New York City, along East River in Brooklyn
- Conditions improve for students shot in Maryland park on ‘senior skip day’
- Jake DeBrusk powers Boston Bruins past Toronto Maple Leafs in Game 1
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Taylor Swift's 'Tortured Poets Department' and when lyrics about dying, grief, heartbreak trigger you
NBA power rankings entering playoffs: Who are favorites to win 2024 NBA Finals?
Conditions improve for students shot in Maryland park on ‘senior skip day’
Where will Elmo go? HBO moves away from 'Sesame Street'
USC cancels graduation keynote by filmmaker amid controversy over decision to drop student’s speech
This ancient snake in India might have been longer than a school bus and weighed a ton
USC cancels graduation keynote by filmmaker amid controversy over decision to drop student’s speech