The firing of James Franklin has turned the college football coaching world upside down. The decision wasn’t easy, emotionally or financially. But it had to be done. Going 3-3 at a historically respected program like Penn State just doesn’t cut it, no matter the buyout price. Word on the street is that clearing James Franklin from State College cost Penn State over $100 million.
On October 13th, college football and NFL insider Todd McShay hopped on his namesake podcast and discussed Penn State’s finances behind getting rid of James Franklin and his staff. “There’s been a lot of reports about what the number is. How much money is the buyout? $56 million for Franklin. Another $14 to $18 million to clean out the staff and what they’re owed. I believe it’s around $10 million just for the