James Franklin contract at Penn State

James Franklin Photo Credit: AP

Base compensation

• 2017 guaranteed pay: $4,600,000
• Total contract pay: $47,000,000
• Contract length: 9 years
• Start date: 1/1/2014
• Last amended: 8/18/2017
• Expires: 12/31/2022

Incentives

• Retention bonus: $300,000 on 12/31/17, 12/31/18, 12/31/19, 12/31/20 and 12/31/21; $1,000,000 on 12/31/22
• National title bonus: $300,000
• CFP semifinal win: $100,000
• CFP semifinal appearance: $400,000
• Conference title bonus: $350,000 for winning, or $250,000 for losing
• Conference regular season division title bonus: $150,000 only if doesn’t advance to conference title game
• Coach of the year award bonus: $150,000 for national coach of year; $100,000 for conference coach of year
• Car: one car or $10,000 annual car allowance
• Private jet use: 50 hours of private jet for personal use

Other Perks

• Buyout if coach leaves for another coaching job: $2,000,000 in 2017 or $1,000,000 thereafter

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