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Penn State Football: James Franklin's Contract Extended Through 2025

by on December 06, 2019 3:45 PM

Penn State football coach James Franklin has signed a new six-year contract, extending his tenure with the Nittany Lions' through at least 2025. Franklin is on the tail end of his sixth year at Penn State.

The basic terms of the contract will be released upon execution of the agreement in the near future, according to the university.

Penn State's Board of Trustees Committee on Compensation met in executive session at 3 p.m. on Friday and a public session followed at roughly 3:45 p.m., when the committee unanimously approved unspecified amendments to and extension of Franklin's 

The deal comes in the wake of reported and speculated interest between both Florida State and USC. Franklin has long publicly denied any interest in leaving Penn State.

"It's not often a coach gets an opportunity to move back to their home state and coach the team they grew up watching," Franklin said in a statement. "It's even more rare that it's a school as rich in history and tradition as Penn State. It's been an honor and privilege to be the head coach of the Penn State Football program for the last six years."

Franklin, now on his third contract while at Penn State, originally signed a six-year contract in 2014 that would reach a final base pay of $4.5 million in the sixth year of the deal, increasing $100,000 each year from his $4 million base pay during his first year in State College. Franklin's buyout at the time was $5 million the first two years before eventually decreasing to $1 million for the 2018 and 2019 seasons.

Following a Big Ten Championship campaign and a Rose Bowl appearance in 2016-17, Franklin inked a second deal announced in August of 2017 that gradually increased his base pay from $4.3 million to a base figure of $5.35 million in 2019. That contract was on track to expire in 2022.

It's not expected that the university will publicly announce any secondary agreements as it pertains to an increased salary pool for assistant coaches or any additional facility upgrades. Penn State is already underway with a plan budgeted for $70 million to renovation various aspects of the football facilities with other upgrades already underway.



Ben Jones covers Penn State football and basketball for StateCollege.com. He's on Twitter as @Ben_Jones88.
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