Nebraska started the scoring with a 52-yard touchdown pass from Zac Taylor to wide receiver Terrence Nunn. Michigan tied it at 7-7 on a 13-yard pass from Chad Henne to tight end Tyler Ecker. In the second quarter, Chad Henne hooked up with Mike Massey for a 16-yard touchdown pass, giving Michigan a 14-7 lead. Taylor found wide receiver Nate Swift for a 14-yard touchdown pass late in the second quarter, knotting the score at 14-14 going into the half. In the third quarter, kicker Jordan Congdon gave Nebraska a 17-14 lead with a 20-yard field goal. Henne later found wide receiver Mario Manningham for a 21-yard touchdown and Michigan reclaimed the lead, 21-17.
Henne led off the scoring in the fourth quarter with a rushing touchdown, extending Michigan's lead to 28-17. Running back Cory Ross then scored on a 31-yard touchdown scamper for Nebraska. Taylor found Todd Peterson for the ensuing two-point conversion, narrowing Michigan's lead to 28-25. With 4:29 left in the game, Taylor and Nunn hooked up again for a 13-yard go-ahead touchdown to give Nebraska a 32-28 lead.
Michigan's last-ditch attempt to win the game came on a seven-lateral scramble somewhat reminiscent of the famous Cal-Stanford band play. Quarterback Chad Henne completed a pass across the middle of the field to Jason Avant, who caught the ball at midfield and immediately lateraled to Steve Breaston. Breaston threw the ball backwards to Mike Hart, who lateraled back to Avant. Avant then threw the ball across the entire width of the field, where it was caught by Mario Manningham as he was being tackled. Manningham attempted another backward pass, which hit the ground and bounced two or three times off the hands of two Nebraska defenders, before being picked up by another Michigan player, who lateraled to Tyler Ecker. Because the ball had hit the ground, several members of both teams and the media, believing the play was dead, rushed onto the field while Ecker ran downfield. Nebraska players also gave their coach the Gatorade dunk before the play was over, reminiscent of the Bluegrass Miracle. Ecker dodged several players and coaches and returned the ball approximately 60 yards to the Nebraska 16 yard line, at which point Cornhusker cornerback Zackary Bowman knocked him out of bounds after time had expired ending the game. No flags were thrown on the play despite the entrance of Michigan coaches onto the field.