reporter: penn state is joe paterno. he s not just the face of a highly successful football program, but also the school itself. paterno will retire at the end of the season, coaching his last home game saturday against nebraska unless the bore of trustees forces him the board of trustees forces him out immediately. the board is meeting tonight, but there s no word yet a decision has been made. university s president graham spaniard is also at risk of losing his job. the good morning in state college shocking and sad. to the community think that he would have to step down like this. the reign of joe paterno is coming to end at penn state. the head football coach officially announced he will retire at the end of this statement saying, this is tragedy. it is one of the great sorrows of my life. with the benefit of hindsight i wish i had done more. my goals now are to keep my commitments to my players and staff and finish the season with dignity and determination. patern