US Edition
Published • loading... • Updated
James Franklin Is Legally Obligated To Help Penn State Pay Him Less Money After Being Fired
James Franklin’s contract requires him to seek new employment, offsetting Penn State’s nearly $50 million buyout by the amount of his new salary, potentially lowering their financial burden.
- This past week, Penn State University fired James Franklin, head football coach, leaving the university on the hook for roughly $50 million.
- According to the 2021 extension, Franklin must make good faith efforts to obtain the maximum reasonable salary and provide evidence of his job search upon Penn State’s request.
- Salary from a new job will offset Penn State's payment obligation, and if Franklin secures higher pay, the university could owe nothing or he might owe money if paid early.
- Both sides appear to have parted on mostly amicable terms, but the contractual vague enforcement raises questions about how university administrators will monitor Franklin's job search.
- Critics say Penn State's willingness to spend for a reset has set a precedent, especially as it spends $700 million on stadium renovations, drawing sharp fiscal criticism.
Insights by Ground AI
13 Articles
13 Articles
Sun-SentinelReposted by 
Orlando Sentinel
Orlando SentinelBianchi: Penn State’s $50 million firing of James Franklin just made Billy Napier and Mike Norvell’s seats scorching hot!
Open the article to view the coverage from Sun-Sentinel
·Deerfield Beach, United States
Read Full Article
James Franklin Has To Look For Another Job In Coaching Or Broadcasting And Penn State Is Only Obligated To Pay The Salary Difference, According To FOS
This is some interesting context to the James Franklin contract that has been the talk of the Internet for a few days. There are no better jobs than a fired head coach in football, whether you're Bria...
·New York, United States
Read Full Article
Coverage Details
Total News Sources13
Leaning Left4Leaning Right2Center3Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 33%
R 22%
Factuality
To view factuality data please Upgrade to Premium
