LINCOLN, Neb. — Nebraska athletic director Trev Alberts received a contract extension Tuesday to double his salary and keep him in position to lead the Huskers through 2031. Here’s what you need to know:
- Alberts will be paid a base salary of $1.7 million that jumps to $2.1 million in 2026.
- He had been paid a base salary of $800,000 annually as part of a three-year extension signed this year that was set to expire in 2026.
- Alberts is credited with the hiring of football coach Matt Rhule and helped orchestrate the Volleyball Day in Nebraska event in August, at which the school shattered the record attendance mark for a women’s sporting event by playing a match in front of 92,003 fans.
- Alberts entered Nebraska into a 15-year, $300 million multimedia rights agreement with Playfly Sports, and he has overseen plans to renovate Memorial Stadium — a $450 million project that will begin with preliminary work in early 2024.
Terms of the deal
Alberts, the 53-year-old former Butkus Award-winning linebacker at Nebraska, will receive a $3 million completion bonus if he stays through the end of the contract term. An additional $500,000 bonus for staying through September 2025 remains in his contract, and he will receive a $300,000 retention bonus for each year that he remains at…