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James Franklin contract particulars: Penn State ends LSU, USC rumors with new 10-year extension



One of many hottest names in faculty soccer teaching searches is formally off the market.

Penn State’s James Franklin agreed to a deal Tuesday that can maintain him on the college for the following 10 years, till 2031. Franklin is in his eighth season main the Nittany Lions.

Franklin had been linked to quite a few open teaching gigs, most notably USC and LSU, regardless of Penn State’s relative struggles this season.

Nonetheless, the 49-year-old who has described Penn State as a “dream job,” has additionally reaffirmed his dedication and loyalty to this system in latest weeks, as nicely.

“Penn State’s future is vivid, and I am honored to proceed to function your head soccer coach,” Franklin stated in a press release. “9 weeks in the past, the administration approached me about making a long-term funding in our soccer program. This prompted quite a few conversations outlining the assets wanted to be aggressive at a stage that matches the expectations and historical past of Penn State.”

The Nittany Lions are 7-4 this yr and 67-32 in Franklin’s tenure in Completely happy Valley, with a recreation in opposition to Michigan State in East Lansing set for Saturday. 

Here is all the pieces to find out about Franklin’s contract extension, plus the way it got here collectively.

James Franklin contract particulars, wage

For a lot of his time at Penn State, Franklin has been one of many highest paid coaches in each the Large Ten and NCAA, together with his $7 million annual wage rating within the high 10.

Franklin will as soon as once more be assured $7 million yearly in line with the phrases launched by Penn State, plus as much as a further $1 million per yr primarily based on sure incentives and bonuses.

Among the many incentives and bonuses Franklin can be eligible for are a further $350,000 to win the Large Ten title, $300,000 for a New Years’ Six bowl and $100,000 if he is named Large Ten Coach of the 12 months. The complete phrases of the contract may be discovered right here.

Notably, Franklin’s buyout if he chooses to go away Penn State for an additional faculty or an NFL gig is $12 million if he leaves earlier than April 1, 2022. It then drops to $8 million if he stays till Dec. 31, 2022 earlier than dropping to $6 million after 2023, $2 million after 2024-25 and finally dropping to only $1 million per yr from 2026-2031.

Why did James Franklin signal an extension with Penn State?

A local of Langhorne, Pa. and a former Division II quarterback at East Stroudsburg, Franklin has lengthy made his love of Penn State identified, calling it his “dream job,” when he was employed in 2014.

Penn State has routinely been a September 11 win workforce throughout Franklin’s tenure in State Faculty and even gained a Large Ten title in 2016. However the Nittany Lions have struggled to maintain tempo with the likes of Ohio State, Alabama and Clemson throughout that point as nicely in recruiting, amenities, NIL offers, on-the-field outcomes and extra.

However that appears primed to vary, and that is the most important motive why Franklin says he opted to remain at Penn State.

“We have been capable of create a roadmap of the assets wanted to handle tutorial help, group outreach, Identify, Picture and Likeness (NIL), facility enhancements, student-athlete housing, expertise upgrades, recruiting, coaching desk and extra,” Franklin stated. 

“This renewed dedication to our student-athletes, group and followers reinforces all the explanations I have been proud to function your head soccer coach for the final eight years and why my dedication to Penn State stays steadfast

James Franklin’s document at Penn State

Franklin’s appeared to win in all places he is gone. Granted, he solely had one cease as a head coach previous to arriving at Penn State, however at the same time as an assistant, Franklin was on profitable groups.  

His first head teaching gig got here at Vanderbilt in 2011, a faculty which had gained simply two video games the yr earlier than and had solely been to 3 bowl video games within the 100-plus years of historical past previous to Franklin’s arrival.

He instantly turned across the Commodores program, going 6-7 and reaching a bowl recreation in his first yr earlier than rattling off two 9-4 seasons in a row, culminating in Vanderbilt ending the season ranked in each seasons, one thing which hadn’t occurred since 1948. He completed his tenure in Nashville with a document of 24-15.

Franklin then got here to Penn State in 2014 the place he is gone 67-32 as he will get prepared to educate his one centesimal recreation with the Nittany Lions. The excessive level of his tenure to date was in 2016 when the Nittany Lions gained the Large Ten title and completed the season ranked No. 7 and led Penn State to 11 wins in three out of 4 years from 2016-19.

Certainly one of simply 13 Black coaches at present on the FBS stage, Franklin is among the many winningest in that class. His 91 profession FBS wins place him third all-time behind former Houston and Texas A&M coach Kevin Sumlin (95 profession wins) and Stanford’s David Shaw (93 profession wins) for many wins by a Black FBS coach.



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