Alberts to stay Nebraska advertisement on 8-year offer
Nov 14, 2023, 05:48 PM ET
Nebraska athletic director Trev Alberts has actually received a new agreement that will double his salary and keep him at the school through 2031, university president Ted Carter announced Tuesday.Alberts ‘yearly base salary will go from$800,000 to$1.7 million and increase to $2.1 million in 2026, according to a news release from the university.Alberts would be paid a $500,000 retention bonus offer if he remains through September 2025, with an annual $300,000 retention bonus offer every following year he remains. He would receive a $3 million bonus if he finishes the entire eight-year agreement.Liquidation damages would be
paid to the university if Alberts were to leave for another job.The university did not immediately make the new agreement readily available to the media.Asked by The Associated Press if he had a chance to leave Nebraska,
Alberts texted,”I do not want to talk about any other jobs/openings. I’m grateful to be a Cornhusker!” Nebraska has actually had a hard time to discover leadership stability with both the athletic department and the football program considering that joining the Big 10 in 2011. Alberts is the school’s fourth athletics director considering that 2012. In 2015, he employed Matt Rhule as the group’s third coach since the end of the 2014 season.Alberts was hired in 2021 after functioning as athletic director at the University of Nebraska-Omaha. He was an All-America football player for the Huskers and won the Butkus Award as the country’s top linebacker in 1993. Carter noted a variety of accomplishments. Among them were the” Beach Ball Day in Nebraska” occasion that drew 92,000 fans to Memorial Stadium, the largest presence ever taped for a ladies’s sport; the hiring of football coach Matt Rhule; and landing a 15-year,$300 million multimedia rights contract with Playfly Sports.” Today’s college athletics landscape is intricate and ever-changing, “Carter stated. “We need exactly the best individual leading Husker Athletics forward. In Trev Alberts, we have actually found that leader.”Alberts stated in a declaration that he and his household are humbled by the self-confidence revealed by Carter and university regents.”It is an unbelievable honor and advantage
to function as the Director of Athletics at Nebraska and it is a function I do not consider approved,”he said. “Our student-athletes, coaches and personnel have actually accomplished a lot in the past two years. We have fantastic momentum in Husker Sports and we are thrilled for what is ahead. “The Associated Press contributed to this report.