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Penn State reportedly approves new contract for James Franklin worth $5.8 million per year
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Penn State’s B1G title translated to a lot more money for head coach James Franklin.
On Friday, Sports Illustrated’s Bruce Feldman reported that a new contract for Franklin had been approved at a Board of Trustees meeting. the deal is reportedly worth an average of $5.8 million per year over the next six years.
His buyout is $2 million this year.
SOURCES: James Franklin’s new deal approved w/ #PennState is for 6 YRs at an average of $5.8 million per. His buyout is $2 million this year
— Bruce Feldman (@BruceFeldmanCFB) August 18, 2017
Franklin led Penn State to its first outright B1G title since 1994 as the Lions finished the regular season 10-2. They completed the year at 11-3 after beating Wisconsin in the conference championship game and losing to USC in the Rose Bowl.
The 2017 season will mark the fourth year of the Franklin era.
Dustin grew up in the heart of Big Ten country and has been in sports media since 2010. He has been covering Big Ten football since 2014. You can follow him on Twitter: @SchutteCFB