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James Franklin Fired, Joins Virginia Tech with $41.75M Deal

11/27/2025

31 5 Full Breakdown

Summary

Story summary

James Franklin, Penn State's head football coach, was fired in October 2025 after a 3-3 start.
The university initially faced a $50 million buyout.
It was negotiated down to $9 million with structured payments.
Franklin subsequently signed a Virginia Tech contract for a $41.75 million salary plus bonuses and family perks.
The season's total buyouts are nearing $170 million, signaling a broader trend.

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Story summary

James Franklin, Penn State's head football coach, was fired in October 2025 after a 3-3 start.
The university initially faced a $50 million buyout.
It was negotiated down to $9 million with structured payments.
Franklin subsequently signed a Virginia Tech contract for a $41.75 million salary plus bonuses and family perks.
The season's total buyouts are nearing $170 million, signaling a broader trend.