Nebraska Athletic Director Trev Alberts Signs Contract Extension Through 2031
Alberts' Salary Doubles to $1.7M with Significant Retention Bonuses; Praised for Leadership and Achievements
- Nebraska athletic director Trev Alberts has received a contract extension that doubles his salary to $1.7 million, increasing to $2.1 million in 2026, and keeps him at the school through 2031.
- Alberts will receive a $500,000 retention bonus if he stays through September 2025, and an annual $300,000 retention bonus every following year he stays. He will also receive a $3 million bonus if he completes the entire eight-year agreement.
- Alberts is credited with the hiring of football coach Matt Rhule and the organization of the 'Volleyball Day in Nebraska' event, which set a record for attendance at a women's sporting event.
- He also secured a 15-year, $300 million multimedia rights agreement with Playfly Sports and is overseeing a $450 million renovation of Memorial Stadium, set to begin in 2024.
- Outgoing Nebraska system president Ted Carter, who announced the deal, praised Alberts' leadership and stated that Alberts provides needed stability for Nebraska athletics.