Deal completed: Penn state coach, James Franklin has finally announcing his contract termination on the …
As of February 7, 2025, there is no official confirmation that James Franklin has terminated his contract with Penn State University. Franklin signed a 10-year, $85 million contract extension in November 2021, which includes performance incentives and a substantial buyout clause.
Under the terms of his contract, if Penn State were to terminate Franklin without cause, the university would owe him the remaining value of his contract, which is approximately $76.5 million as of now. citeturn0search2
Conversely, if Franklin were to leave for another job, he would owe Penn State a buyout fee, which decreases over time. For instance, if he were to leave in 2024, he would owe $2 million, with the amount decreasing in subsequent years.
Given these substantial financial considerations, any decision regarding the termination or resignation of James Franklin would be significant and would likely be widely reported in the media. As of now, there is no credible information indicating that such an event has occurred. 
