Levis will reportedly sign the largest collectible deal to date for an NCAA athlete.
Penn State is one of just eight programs with at least four NFL Rookie of the Year recipients in the league's history.
Former Penn State defensive backs Grant Haley and Nick Scott are now officially the latest Nittany Lions to become Super Bowl champions.
"When Carl put out that video as an out, proud gay man, it got everyone in the football world talking about us."
Beaver Stadium is the fourth-largest stadium in the world, and while there are some drawbacks to hosting the event in Happy Valley, it could be pulled off.
With 13 sacks and 84 tackles this year, Parsons is the first Nittany Lion to earn the award since Shane Conlan in 1987.