Robinson's three-year deal is expected to be worth roughly $45 million with $30 million guaranteed.
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.