UPDATE: Penn State has officially announced a deal to hire Matt Campbell of Iowa State as the Nittany Lions' new head football coach.

"We look forward to officially welcoming Coach Campbell and his family to Penn State on Monday pending the approval of terms by the Board of Trustees’ Equity and Human Resources Committee consistent with the bylaws, which require advance notice of meetings," athletic director Pat Kraft said in a statement. Advertisement

Kraft's statement also said Terry Smith will remain with the Penn State football program. Smith has been serving as interim head coach following the firing of James Franklin.

THIS STORY WILL BE UPDATED.

PREVIOUS REPORT FROM THE ASSOCIATED PRESS:

Penn State is in talks to name Iowa State’s Matt Campbell as its next head football coach,

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