AP source: Osborne to announce retirement at Neb

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LINCOLN, Neb. (AP) -- A person familiar with the situation tells The Associated Press that Nebraska athletic director Tom Osborne will announce his retirement at a news conference Wednesday.

The person is not authorized to speak on the matter and requested anonymity before. The school scheduled an 11 a.m. CDT news conference.

The 75-year-old Osborne is a national icon in college athletics for the run of success his Cornhuskers teams enjoyed from 1973-1997. After serving in Congress and losing a gubernatorial bid, he returned to the university in 2007 to take over the athletic department and oversee the rebuilding of the football program and shepherd the school's move from the Big 12 to the Big Ten.