What, they think Texas will hire him?
With all of this going on, I’m hearing Penn State is aggressively trying to get an extension done with James Franklin.
— Dan Wolken (@DanWolken) November 25, 2016
Wolken is a sports reporter for USA Today.
Now, until we see some official word, this is just rumor, and, of course, we probably won’t see any official word until it’s a done deal.
This year’s Penn State team has obviously overachieved. Franklin can leverage the opportunity created by his team’s performance and the omnipresent NCAA coaching carousel. Strike while the iron is hot!
There are already a couple of high-profile head coaching openings. LSU appears to be cutting a deal with Tom Herman while Texas is under a lot of pressure to dump Charlie Strong. I don’t think Franklin has the resume for either of those jobs, but stranger things have happened.
Would Franklin leave on his own?
Sanguinarians will be quick to ask the question: Why would Franklin ever want to leave Penn State? After all, Penn State is the best coaching job in the whole entire universe, right?
The same Sanguinarians thought Bill O’Brien would stay forever, too. Why would anyone leave Happy Valley for mere money?
Regardless of whether Franklin would actually leave Penn State or merely threaten to do so as a negotiating stratagem, the Nittany Lions’ 9-2 season record, the number seven CFP committee ranking, and the win over Ohio State have at least for now put the coach in the catbird seat. He needs to play this one out for what it’s worth — namely, some long green and continuing job security.
Thing is, if PSU loses to Moo U. on Saturday, JFrank’s value plummets. Undoubtedly, his agent is working hard to arrive at an agreement with Penn State very soon.
I continue to believe that Franklin has either made the Faustian bargain or has an angel perched on his shoulder.
Franklin’s current contract provides a bonus of $150,000 for tying for the division title but not playing in the Big Ten Championship game. If they get to the title game, he gets $250,000, and he’ll get another $200,000 for taking the team to a bowl game. In contrast, Urban Meyer will get only a $50,000 bonus for winning or sharing the division title, and another $200,000 if Ohio State makes it to one of the six CFP-affiliated bowl games, but nothing for any of the other bowl games.