Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -GrowthInsight
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-14 23:14:06
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! (8)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- In Aryna Sabalenka, Coco Gauff faces powerful, and complicated, opponent in US Open final
- Greece hopes for investment boost after key credit rating upgrade
- What's at stake for Texas when it travels to Alabama in Week 2 of college football
- What do we know about the mysterious drones reported flying over New Jersey?
- Jimmy Buffett's new music isn't over yet: 3 songs out now, album due in November
- A Minnesota meat processing plant that is accused of hiring minors agrees to pay $300K in penalties
- Gov. Sarah Huckabee Sanders proposes carve-out of Arkansas public records law during tax cut session
- Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
- ‘The world knows us.’ South Sudanese cheer their basketball team’s rise and Olympic qualification
Ranking
- The Daily Money: Disney+ wants your dollars
- Police fatally shoot man who was holding handgun in Idaho field
- Opinion: High schoolers can do what AI can't
- Two men questioned in Lebanon at Turkey’s request over 2019 escape of former Nissan tycoon Ghosn
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Pakistani police detain relatives of the man wanted in the death probe of his daughter in UK
- Phoenix has set another heat record by hitting 110 degrees on 54 days this year
- Team USA loses to Germany 113-111 in FIBA World Cup semifinals
Recommendation
Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
Stassi Schroeder Gives Birth, Welcomes Baby No. 2 With Beau Clark
Japan’s foreign minister to visit war-torn Ukraine with business leaders to discuss reconstruction
Two and a Half Men’s Angus T. Jones Looks Unrecognizable Debuting Shaved Head
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Terrorism suspect who escaped from London prison is captured while riding a bike
Italy’s Meloni meets with China’s Li as Italy’s continued participation in ‘Belt and Road’ in doubt
After steamy kiss on 'Selling the OC,' why are Alex Hall and Tyler Stanaland just 'friends'?