Severance Package Penn State Would Have To Give James Franklin If He's Fired

Curious about the financial implications of parting ways with a prominent coach? Look no further! The staggering figure Penn State would owe James Franklin if they opt to sever ties has been unveiled—brace yourselves, it’s approximately $54 million. No, this is not an error; Franklin’s $75 million contract extension was serious.Disillusioned fans, frustrated during the Big Ten game in Pasadena, chanted ‘Fire Franklin!’ as the Nittany Lions fell behind. The clamor for his dismissal continues on social media platforms. Terminating the 15th highest-paid college football coach entails substantial costs, estimated around $50 million.Franklin's contract, a 10-year extension signed in 2021, guarantees him $56 million if dismissed during the 2025 season and $48 million if terminated on January 1 or later. Following a disappointing loss to No. 6 Oregon, many fans feel discontented with his performance against top teams, now standing at 4-21. With ongoing renovations at Beaver Stadium costing $700 million, funding both Franklin's buyout and a new coach poses a challenge.