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'The time is not now': Troy Dannen lays out financial reality, crisis for Nebraska

Related Topics: Trev Alberts

Financial uncertainty regarding federal funding, as well as a new revenue-sharing era thanks to the House Settlement, has the Nebraska football team officially feeling the crunch. In fact, Athletic Director Troy Dannen says that amid a "crisis" at the university, the plans to renovate Memorial Stadium are officially on hold.

The project, first unveiled under former AD Trev Alberts, was already scaled back from the very lofty approach. At the time, Dannen said that he didn't believe they'd be able to do everything they originally wanted because donors and money were already starting to dry up.