“We have made, and will need to continue to make, significant investment in our football program because we believe we have a very bright future under James.
Under the new contract, Franklin will make $7.5 million through base salary, supplemental pay and an annual retention bonus.
31, 2022, $6 million in 2023, $2 million in 2024 and 2025, and $1 million from calendar year 2026 to 2030.
“This prompted numerous conversations outlining the resources needed to be competitive at a level that matches the expectations and history of Penn State.