Trev Alberts is landing a long-term extension to remain at Nebraska, university president Ted Carter announced Tuesday afternoon. Under the new contract, Alberts will remain the AD in Lincoln through at least 2031.

Carter specifically pointed to key achievements for the Huskers that include the historic Volleyball Day in Nebraska, the hiring of Matt Rhule to lead the football program and the 15-year, $300 million multimedia rights agreement with Playfly Sports.

In addition to those accomplishments, 10 Nebraska sports programs had top-20 national finishes a year ago. Alberts has also unveiled an ambitious vision for the renovation of 100-year-old Memorial Stadium.

“My family and I are humbled by the confidence that President Carter and the Board of Regents have placed in me,” said Alberts via press release. “It is an incredible honor and privilege to serve as the Director of Athletics at Nebraska and it is a role I don’t take for granted. Our student-athletes, coaches and staff have accomplished so much in the past two years. We have great momentum in Husker Athletics and we are excited for what is ahead. Go Big Red!”

As a part of the new contract, Alberts will receive an annual base salary of $1.7 million which will increase to $2.1 million in 2026. Alberts will also receive a pre-existing $500,000 retention incentive if still with the Huskers through September 2025 and an annual $300,000 retention bonus for every year after.

If Alberts completes the 8-year contract, he will receive a $3 million completion bonus. Liquidation damage buyouts paid to Nebraska if Alberts leaves for another opportunity are also included.