The university announced the resignation Monday morning. Tressel said in a statement that he met with university officials and agreed that it is in Ohio State's best interest that he resign.
Luke Fickell, an assistant under Tressel, will serve as interim head coach for the 2011-2012 season.
University President E. Gordon Gee says the university's
"public purposes" and "tradition of excellence" are guiding its
Tressel's resignation comes as the NCAA is investigating five Ohio State players who allegedly sold signed Ohio State memorabilia to
a tattoo parlor owner.
The five players, including star quarterback Terrelle Pryor, have
been suspended for the first five games this fall for accepting
improper benefits totaling between $12,000 and $15,000.
Investigators say Tressel knew about the transactions and did not report the violations to university compliance officials.
Nebraska Head Coach Bo Pelini in a statement said, "Jim Tressel is an outstanding football coach and a good man. I’ve followed and respected his career since his days at Youngstown State and through his tremendous success at Ohio State the past decade. He will be missed in college football.”
Pelini is being mentioned as a possible long-term replacement for Tressel.