Jan. 1 as athletic director, with a successor yet to be named per several Nebraska sources.
Press conference at 11 am CT
His 255-49-3 record gave him the best winning percentage (83.6%) among active Division 1-A coaches at the time of his retirement and the fifth-best of all time. His teams won 13 Conference Championships or Co-Championships and played in 25 bowl games. During his last five seasons, the Huskers went 60-3 and won 3 NC's or co-NC's.
The Hall of Fame football coach took over as the interim athletic director on Oct. 16, 2007. Two months later, on Dec. 20, 2007, Perlman announced the word “interim” had been removed from Osborne’s title.
Osborne and Perlman were instrumental in leading Nebraska's entry to the Big Ten.
EDIT: No open, public search for a replacement to be held. Working with consultant who helped hire AD at Michigan and new Big XII commissioner.