PSU news by
Penn State's student blog

Topics

More

James Franklin Agrees To Contract Extension Through 2025

The Penn State Board of Trustees’ Committee on Compensation unanimously approved an extension of head football coach James Franklin’s contract during a special off-cycle meeting on Friday afternoon.

According to a release from Penn State, Franklin’s new extension will run through the 2025 season. The basic terms of the deal will be released upon “execution of the agreement in the near future.”

“It’s not often a coach gets an opportunity to move back to their home state and coach the team they grew up watching,” Franklin said in the release. “It’s even more rare that it’s a school as rich in history and tradition as Penn State. It’s been an honor and privilege to be the head coach of the Penn State Football program for the last six years.”

Franklin’s current contract was set to expire in 2022 after he received an extension through that year in 2017. That extension bumped his salary up to $5.3 million per season along with an assortment of bonuses for retention and performance. The head coach initially signed a six-year contract with an average annual value of $4.5 million when he took the Penn State job in 2014, and this season would’ve been the final one of his first contract if he didn’t sign any extensions. Franklin is already due nearly $35 million based on the last contract extension he signed.

In six years as Penn State’s head coach, Franklin has led the Nittany Lions to a 55-23 record and two New Year’s Six bowl appearances. Penn State won the Big Ten championship and appeared in the Rose Bowl following the 2016 season before winning the Fiesta Bowl to cap off an 11-win 2017 season. The team fell just short of a New Year’s Six bowl last year, but it has an excellent chance to play in one of the Rose, Cotton, or Orange Bowls following a 10-2 regular season record in 2019.

We’ll update this post with more information as it becomes available.

Your ad blocker is on.

Please choose an option below.

Sign up for our e-mail newsletter:
OR
Support quality journalism:
Purchase a Subscription!

About the Author

Mikey Mandarino

In the most upsetting turn of events, Mikey graduated from Penn State with a digital & print journalism degree in the spring of 2020. He covered Penn State football and served as an editor for Onward State from 2018 until his graduation. Mikey is from Bedminster, New Jersey, so naturally, he spends lots of time yelling about all the best things his home state has to offer. Mikey also loves to play golf, but he sucks at it because golf is really hard. If you, for some reason, feel compelled to see what Mikey has to say on the internet, follow him on Twitter @Mikey_Mandarino. You can also get in touch with Mikey via his big-boy email address: [email protected]

Comments

State College Links
Follow on Another Platform
113kFollowers
157kFollowers
51.7kFollowers
4,570Subscribers
Other posts by Mikey

What About The Class Of 2020?

On the heels of concrete plans for the Class of 2021, last year’s seniors still feel hung out to dry.

Dive In: Mikey Mandarino’s Senior Column

Penn State Hockey’s Peyton Jones Signs Two-Year Contract With AHL’s Colorado Eagles

No. 1 Penn State Wrestling Stays Undefeated, Takes Down No. 3 Michigan 29-6

The Nittany Lions used another dominant second-half lineup to take down the Wolverines in Ann Arbor.

No. 1 Penn State Wrestling Stays Undefeated, Takes Down No. 3 Michigan 29-6

The Nittany Lions used another dominant second-half lineup to take down the Wolverines in Ann Arbor.

Taking A Look At Penn State’s Latest Financial Statements

Have you ever wondered how much Penn State is worth these days?

Meet The Mini Nittany Lion Stealing The Hearts Of Penn Staters

Whether Mini is watching football, wrestling, or hockey, this Little Lion is sure to make the game just a little bit more enjoyable.

 
Send this to a friend