Diaz has 24 years of collegiate coaching experience and was most recently Miami's head coach.
"I could not pass up the chance to be with this family and play the game I love again."
A little over two weeks after entering the transfer portal, the former Nittany Lion safety is joining a team in need of defensive talent.
The fall finale of Podward State features an in-depth discussion with seasoned football writer Mike Poorman.
Penn State is 3-1 in Outback Bowl matchups dating back to 1996.
Poindexter is reportedly now in the mix for the job among several other coaches.