Nebraska volleyball coach John Cook has agreed to a new five-year contract extension through the 2028 season. Cook, who has led the Huskers for 24 years and won four national championships, will receive a salary of $825,000 per year along with a $70,000 retention bonus. Additionally, Cook has a deferred compensation agreement that includes a $1 million contribution to the 'John Cook Deferred Compensation Account' for 2024, which will be managed by an investment manager. Notably, the contract includes a unique clause that provides Cook with a horse, fulfilling a personal request. The agreement also contains specific language regarding Cook's potential employment with other NCAA member schools if he terminates his role before January 31, 2029.
Nebraska volleyball coach John Cook's new contract is designed to help him buy a horse https://t.co/Vc2Aveltuu
NEW | Nebraska's John Cook received a contract extension today. My thoughts on the raise + the deferred compensation + the retention bonus + a contractual phrasing quirk I haven't seen before + what he should name his new horse: https://t.co/PdHFvDf3me
Nebraska’s volleyball coach John Cook gets the strangest extension bonus yet: A horse. https://t.co/EuuHVbhgQi
Nebraska’s volleyball coach John Cook gets the strangest extension yet: A horse. https://t.co/34GQhfC57X
Nebraska volleyball coach John Cook has agreed to a new five-year extension. After 24 years leading the Huskers, Cook will get a raise to $825,000, plus one special request: Instead of an escalating salary, he'll get a $70K retention bonus to help buy a horse he's been eyeing. https://t.co/yF7da4D9rC
Interesting contract language buried in John Cook's deferred compensation agreement: "If Mr. Cook terminates employment as head coach of the program prior to January 31, 2029 and accepts employment as a coach with a member school of the NCAA or a successor organization..."…
In addition to John Cook's $825,000 salary + $70,000 retention bonus, he also has a "deferred compensation agreement" with Nebraska. Some details: + $1 million into the "John Cook Deferred Compensation Account" for 2024. To be invested by an investment manager. + If he's still…
In addition to John Cook's $850,000 salary + $70,000 retention bonus, he also has a "deferred compensation agreement" with Nebraska. Some details: + $1 million into the "John Cook Deferred Compensation Account" for 2024. To be invested by an investment manager. + If he's still…
Nebraska AD Troy Dannen has extended the contract of four-time national champion volleyball coach John Cook through the 2028 season. Cook will be paid $825,000 per year. Instead of an escalating salary structure, the 68-year-old Cook will receive a $70,000 retention bonus on…
More big Nebraska-related contract news: https://t.co/TERpHQgMYM