Penn State head football coach Joe Paterno's 46 year reign at Happy Valley will come to an unceremonious and abrupt end after the Penn State sex scandal.

Penn State president Graham Spanier is also said to be out of a job by end of business Wednesday/

Sources have said that it was Paterno's decision, not the board's, to retire. Paterno said that he didn't want the board of trustees to waste a single minute on his future and use their time on far more pressing issues.

Paterno spoke to his team on Wednesday and told his players that he was leaving at season's end and reportedly broke down in tears. One player said that he has never seen Paterno like this. Some players also shed tears over Paterno's announcement.

Joe Paterno has come under fire for failing to tell the proper authorities of what he knew and instead turned matters over to university officials.

Under Paterno, Penn State has had one of the highest graduation rates in the NCAA with 84 percent and 49 Academic All-Americans, the third most in the NCAA. Paterno also hold the all time wins record with 409 and has two national titles, 1982 and 1986.

Paterno coaches his final game at home on Saturday against #18 Nebraska Cornhuskers.