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How Much Does Penn State Owe James Franklin After Firing?

How Much Does Penn State Owe James Franklin After Firing?

Summary

Penn State University fired head football coach James Franklin after a mixed season record and a major player injury. The university will pay him around $56.66 million as a buyout. Athletic Director Pat Kraft thanked Franklin for his contributions but stated the need for new leadership to achieve more success.

Key Facts

  • Penn State fired head coach James Franklin after a 3-3 season start.
  • Franklin had been with Penn State for 12 seasons.
  • The university will pay Franklin approximately $56.66 million for his buyout.
  • Waiting to fire him until the end of the season would have reduced the buyout to $48 million.
  • Athletic Director Pat Kraft acknowledged Franklin's positive impact on the program but stressed the importance of new leadership.
  • After Franklin's departure, Terry Smith will serve as the interim head coach.
  • Penn State's quarterback, Drew Allar, suffered a season-ending injury.

Source Information