Overview
- The university launched a national search after a preseason No. 2 start unraveled to 3-3 with consecutive losses to Oregon, UCLA and Northwestern.
- Published estimates for Franklin’s buyout vary from more than $48 million to roughly $56 million, reflecting reported changes from a 2024 contract amendment.
- Quarterback Drew Allar sustained a season-ending leg injury against Northwestern, leaving a backup to face Iowa next before dates with No. 1 Ohio State and No. 3 Indiana.
- Franklin exits 104-45 with a 2016 Big Ten title and last season’s College Football Playoff semifinal, though his teams struggled against top-10 opponents.
- The financial hit comes as Penn State proceeds with a reported $700 million Beaver Stadium renovation, intensifying budget considerations during the transition.