The program's 82 wins since 2012 are tied for the fourth most among Big Ten teams.
Nassib will be designated a post-June 1 release but will be able to search for a new team immediately.
Sandy Barbour, Penn State's vice president for intercollegiate athletics, will officially retire this summer, according to the university.
As March Madness fans prepare for a chaotic tournament, we here at Onward State have devised a bracket to answer an age-old question: What's the best Penn State "place"?
A former Penn State football player-turned-Rutgers coach was ejected after picking up two wild technical fouls this weekend.
Penn State is one of four Big Ten schools on the list, joining Ohio State (No. 1), Michigan (No. 10), and Michigan State (No. 15).