UPDATE:
"CBS report is wrong — Dad is alive but in serious condition," Joe Paterno's son, Scott Paterno, tweeted.
Later that night [Saturday], Onward State retracted its original report and issued an apology.
"He fought hard until the end, stayed positive, thought only of others and constantly reminded everyone of how blessed his life had been," his family said in a statement announcing his death Sunday. "He was a man devoted to his family, his university, his players and his community." [SOURCE]CNN has a good article covering Paterno's life and death.