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SportsCOLLEGECOLLEGE FOOTBALL

James Franklin contract at Penn State

James Franklin

James Franklin Photo Credit: AP

College: Penn State

Conference: Big Ten

State: Pennsylvania

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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