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James Franklin staying at Penn State


Walter

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James Franklin is staying at Penn State.

Franklin has agreed to a new 10-year contract that runs through the 2031 season and will increase his pay to $7.5 million per season, the university announced Tuesday.

Franklin’s new deal was finalized when it was formally approved by the Penn State Board of Trustees’ subcommittee on compensation late Tuesday afternoon.

Tuesday’s announcement puts an end to months of speculation surrounding Franklin and some of the open jobs in college football, including USC and LSU. Instead, Franklin will remain in State College, where he has been since 2014.

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