James Franklin's New Contract is Six-Years, $35 Million
Big money right here:
BREAKING: Penn State has released the terms of James Franklin’s contract extension. The deal runs through the 2025 season, and will pay him $35.4 million in guaranteed money.
— The Daily Collegian (@DailyCollegian) February 26, 2020
Average value of $5.9 million before bonuses. There’s a $5 million buyout after next season, which then decreases to $1 million.
Franklin is 56–23 since coming to PSU, a fantastic recruiter and motivator who leaves something to be desired on game days.
As an aside, college football coaches continue to rake in the money while players earn absolutely nothing.