Current:Home > MyNebraska volleyball coach John Cook's new contract is designed to help him buy a horse -Apex Capital Strategies
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse
View
Date:2025-04-16 05:57:21
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! (84)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- United Airlines CEO blasts FAA call to cancel and delay flights because of bad weather
- Produce to the People
- Only Rihanna Could Wear a Use a Condom Tee While Pregnant
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Closing America’s Climate Gap Between Rich and Poor
- World’s Youth Demand Fair, Effective Climate Action
- Trump Aims to Speed Pipeline Projects by Limiting State Environmental Reviews
- Stamford Road collision sends motorcyclist flying; driver arrested
- Return to Small Farms Could Help Alleviate Social and Environmental Crises
Ranking
- The White House is cracking down on overdraft fees
- Turning Food Into Fuel While Families Go Hungry
- Beanie Feldstein Marries Bonnie-Chance Roberts in Dream New York Wedding
- Plastics: The New Coal in Appalachia?
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- States Are Using Social Cost of Carbon in Energy Decisions, Despite Trump’s Opposition
- Senate 2020: The Loeffler-Warnock Senate Runoff in Georgia Offers Extreme Contrasts on Climate
- Kaley Cuoco Reveals If She and Tom Pelphrey Plan to Work Together in the Future
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Religion Emerges as an Influential Force for Climate Action: It’s a Moral Issue
The hospital bills didn't find her, but a lawsuit did — plus interest
Extreme Heat, a Public Health Emergency, Will Be More Frequent and Severe
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Padma Lakshmi Leaving Top Chef After Season 20
Allow Homicide for the Holidays' Horrifying New Trailer to Scare You Stiff This Summer
Missing Florida children found abandoned at Wisconsin park; 2 arrested