James Franklin said this afternoon that he hopes to be the head coach of the Penn State football team for a long time. If that's the case, it looks like he will earn quite a lot of money along the way according to a Proposed Financial Term Sheet released by GoPSUSports.com today.
James Franklin grew up and went to school in Pennsylvania, and after years of coaching elsewhere, will return home as head coach of the Penn State football program.
The terms of new Penn State head football coach James Franklin's new contract will not become official until this afternoon. However, according to Bruce Feldman of CBS Sports, Franklin is about to get a huge payday to the tune of 6 years and $4.5 million annually.
For the second time in two years, the Penn State athletic department had to organize a search committee and hire a new head coach for the football team. Two years ago, a relatively unknown NFL assistant named Bill O'Brien was the last man standing when the dust settled. This time around, the Nittany Lions landed one of the hottest names in the football world, convincing Vanderbilt head coach James Franklin to ditch the Commodores and replace O'Brien at Penn State. Let's take a look back at the hiring process and hand out a grade to the search committee now that the hire has been made.
Four-star quarterback recruit Michael O'Connor drove to State College with his family today but has not made a final decision regarding his early enrollment, he told Ryan Snyder. O'Connor was initially supposed to begin classes this semester but decided to reconsider his enrollment after Bill O'Brien announced he was leaving Penn State to coach the Houston Texans.
Penn State has offered Vanderbilt's James Franklin the head coaching position and he is expected to accept it, according to a report from CBS's Bruce Feldman.