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Details Emerge on Virginia Tech's Monster Contract for James Franklin

Details Emerge on Virginia Tech's Monster Contract for James Franklin

Summary

Virginia Tech hired James Franklin as the new head coach with a five-year contract. Franklin will earn $8.2 million per year, and the total staff salary has increased by nearly $7 million, making the program a significant contender in the Atlantic Coast Conference (ACC).

Key Facts

  • James Franklin is the new head coach of Virginia Tech's football team.
  • Franklin signed a five-year contract with an $8.2 million annual salary.
  • The total staff salary pool increased to $15.5 million, up nearly $7 million.
  • Virginia Tech will face Miami and Virginia in their final regular season games.
  • The new contract is fully guaranteed at $41 million, including a potential $9 million from Penn State buyout talks.
  • Terry Smith, currently Penn State's interim head coach, might join Franklin at Virginia Tech.
  • Virginia Tech aims to become a strong competitor in the ACC with this investment.
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