Report: Franklin buyout could be mitigated
New information has emerged about James Franklin’s buyout from Penn State that reportedly will pay him $49 million. Front Office Sports, which specializes in covering the business end of sports and has more than 225,000 followers on X (@FOS) obtained a copy of his 2021 of Franklin’s contract extension. The contract stipulates that in the event he is fired, as was the case Sunday, Franklin is obligated to search for a new job, and if he finds one that pays less than the $8 million he is owed annually through 2031, Penn State only needs to make up the difference. “If ...