As of January 19, 2025, there is no credible information confirming that Coach James Franklin has terminated his 10-year contract with Penn State. In November 2021, Franklin agreed to a 10-year extension to remain as Penn State’s head football coach through the 2031 season. This contract includes a $7.5 million annual compensation package, comprising base salary, supplemental pay, and an annual retention bonus, along with a $1 million annual loan for a life insurance policy. Additionally, the contract features performance-based incentives, such as $350,000 for winning the Big Ten championship game, $400,000 for making the College Football Playoff, and $800,000 for securing a national championship.
While there have been reports of internal friction between Coach Franklin and the team’s medical staff, no official statements or reputable news sources have indicated that these issues have led to the termination of his contract. Therefore, any claims about Coach Franklin’s unexpected departure from Penn State lack substantiation at this time.