Penn State fired James Franklin on Sunday as three straight losses ended his 12-year tenure in Happy Valley. While the 53-year-old is no longer the school's head football coach, his paychecks will continue to roll in for the foreseeable future.
According to multiple reports, Penn State will owe Franklin a buyout in the neighborhood of $50 million after firing him. The exact number is more than $49 million. It will be the second biggest buyout in college football history, behind the $76 million Texas A&M paid to Jimbo Fisher when he was fired in 2023.
