Penn State football coach James Franklin has received his long-rumored extension.
On Friday, it was reported that the Nittany Lions leading man has agreed to a six-year contract extension with the university. The news comes after Penn State’s compensation committee met earlier in the day.
The six-year extension will pay Franklin just shy of $6 million a year.
SOURCES: James Franklin’s new deal approved w/ #PennState is for 6 YRs at an average of $5.8 million per. His buyout is $2 million this year
— Bruce Feldman (@BruceFeldmanCFB) August 18, 2017
Franklin earned the extension after leading the Nittany Lions to an 11-3 record, Big Ten championship and Rose Bowl appearance a season ago.
During his three years at Penn State, Franklin holds a 25-15 record.
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