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Osborne set to retire as Nebraska's AD

Lincoln, NE (Sports Network) - Nebraska athletic director Tom Osborne is retiring as of Jan. 1, 2013.

The 75-year-old Osborne announced his decision Wednesday, saying in a release that "it has been a pleasure and an honor to work in the athletic department for the past five years. I hope that there have been some good things that have been accomplished during that time."

Osborne will become athletic director emeritus on Jan. 1 and will remain actively involved in the department's operations through July 30, 2013.

"It's been a privilege to work with Tom," chancellor Harvey Perlman said. "The move into the Big Ten could not have happened without Tom's support.

"He has made the facilities stronger and has expanded the department's role in assisting students through the student life center. He has been instrumental in incorporating research facilities into the athletics complex that build on the department's reputation for innovation.

"The university and the state of Nebraska are in his debt for the many contributions he has made to both over the course of his career."

Osborne is widely known for his coaching. He guided Nebraska's football program from 1973-97, with three of his last four teams winning national championships (1994-95, 1997).

The Cornhuskers compiled a 255-49-3 record under Osborne, who was inducted into the College Football Hall of Fame in 1998, the year after he retired.

With his coaching days over, Osborne turned to politics, serving three terms in the United States House of Representatives from Nebraska's third congressional district beginning in 2000.

09/26 13:00:36 ET

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