James Franklin and Penn State agreed to a new six-year contract Friday, according to a report from Bruce Feldman of FOX Sports.
The deal is reportedly worth an average of $5.8 million a year with an annual $2 million buyout.
Per @BruceFeldmanCFB report, Franklin's new contract would make him 4th highest paid coach in the country behind Harbaugh, Saban and Meyer.
— Derek Levarse (@TLdlevarse) August 18, 2017
Nittany Lions all-in on Franklin now. It would be a shame if someone were to dash their national title hopes before the end of the regular season...
Source: @brucefeldmancfb
