The Penn State University Board of Trustees have announced that president Graham Spanier and coach Joe Paterno are out, effective immediately.  Below is the video which aired on ESPN of the PSU Board of Trustees announcing the firing of both.  Paterno was scheduled to pass Amos Alonzo Stagg for most games coached in Division I this week against Nebraska.

[youtube width=”640″ height=”390″][/youtube]

via @blazersedge