Joe Paterno is "not stepping down," and will be on the sideline this Saturday against Nebraska, according to his son Scott Paterno. Philly's FOX 29 and SB Nation's Ben Jones are both reporting the statement.
Of course, that doesn't mean that Penn State will not force Paterno out of his job. The New York Times has reported that Paterno is on his way out of State College "perhaps within days or weeks."
It appears increasingly likely that Paterno's 46-year tenure as head coach of Penn State will end as a result of the sex-abuse scandal currently gripping Penn State because of chargers of child molestation against former defensive coordinator Jerry Sandusky.
Earlier today, Penn State University president Graham Spanier canceled Paterno's Tuesday press conference due to the Jerry Sandusky investigation.