The coach's decision to leave at the end of the season comes amid a scandal that has rocked Penn State and college football. A former assistant coach has been arrested for allegedly sexually abusing young boys. In a statement, the 84-year-old Paterno said, "I wish I had done more."
The Penn State Board of Trustees says it will appoint a special committee to investigate a child sex abuse scandal. This is the case that engulfed the university, its football program and coach Joe Paterno. Former assistant football coach Jerry Sandusky is accused of repeatedly sexually abusing young boys over a 15-year period, sometimes in the Penn State locker room.
Wednesday is the deadline NBA Commissioner David Stern has given players to accept the deal on the table. It offers players up to 51 percent of their annual basketball-related income. If not accepted, Stern has threatened to go back to an early, lesser offer.