Nebraska football is spending at a level that looks more like a heavyweight than a program still searching for its next breakthrough.
That was the big takeaway from a special midweek episode of the Common Fan Podcast, where Henry Cordes of the Flatwater Free Press joined the show to break down his investigation into the Huskers’ rising costs, how Nebraska stacks up nationally, and whether all this financial muscle will finally show up in the win column.
The money has exploded. Nebraska’s annual football operating expenditures jumped from about $33 million to more than $70 million in just over three years, according to Cordes’ research. Among the 68 power-conference programs he examined, that was the largest increase by far.
The result is a dramatic shift in the program’s financial standing. During the Scott Frost era, Nebraska was spending below the power-conference average. By the 2024-25 school year, the Huskers had climbed to 12th nationally in football operating expenditures.
A big reason for that surge is the size of the operation around the team. Tom Osborne won national championships with roughly 30 staff members.
Matt Rhule’s staff now tops 80, including 23 on-field assistant coaches. The staff growth alone shows how much college football has changed - and how aggressively Nebraska has adapted.
Cordes also talked about his conversations with Osborne, including how the Hall of Fame coach views the modern economics of the sport and the spending race now shaping it.
And operating expenses are only part of the picture. The discussion also dug into NIL and player compensation, along with recent reporting from The Athletic on what schools are spending to build their rosters. Under those estimates, Nebraska is putting between $31 million and $35 million into roster costs, which places it around 18th nationally and sixth in the Big Ten.
That level of investment matters because Nebraska’s financial base is unusually strong. Cordes pointed to the Huskers’ deep fan support and long-standing revenue power as advantages in a college football world where the rules keep shifting.
Still, there’s a catch: money does not equal wins.
Cordes’ reporting found that no program has paired Nebraska’s level of fan support with fewer victories over the last five years. That’s the heart of the frustration for a fan base that has watched the spending rise while waiting for a real payoff.
The timing makes the conversation even sharper after Nebraska’s heartbreaking 20-17 loss to defending national champion Indiana. The podcast crew talked through whether the program is finally turning a corner, how much progress fans should reasonably expect, and how long Matt Rhule has to turn all of this investment into results.
They also touched on the changing job description for a head coach. In today’s game, the role looks more and more like a CEO’s - part roster builder, part fundraiser, part personnel manager, part rule navigator.
It all adds up to a big-picture look at where Nebraska stands in the modern college football economy, and what this wave of spending might mean for the future of the Big Red.
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For a fan base that has spent years waiting for signs of real progress, Colandreas impact mattered beyond the box score. He helped shift the tone of the conversation around the program, showing a level of command that can travel into future weeks, even if Nebraska still has work to do before those encouraging moments start turning into something more lasting. [Read more 🡒]
