Anyone heard the Franklin contract rumors?

psupride1997

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Was percolating at one of the other sites, FWIW…

Franklin is playing chicken with the BOT over a new contract. They rejected CJF’s counter offer, but CJF won’t sign what they’re offering him and he’s losing ground as the losses pile up. Though I did hear they have a backup plan of replacement if Franklin does leave and refuses to sign what they’re offering him.
 

blion72

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Was percolating at one of the other sites, FWIW…

Franklin is playing chicken with the BOT over a new contract. They rejected CJF’s counter offer, but CJF won’t sign what they’re offering him and he’s losing ground as the losses pile up. Though I did hear they have a backup plan of replacement if Franklin does leave and refuses to sign what they’re offering him.
I thought that JF's contract has like 4 yrs left from the last extension. Are you saying his current contract is coming to an end now?
 

84lion

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Thought Franklin was set with a contract thru 2026 or something like that. Does this mean that he's reopened the contract and if they don't agree, both parties can walk away from the table? Or does Franklin still need to get an offer from another school and take that?
 

blion72

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I’m guessing he’s negotiating an extension based on what USC is offering him.
I thought there were limits to schools offering coaches during the season, or was that just a practice? Do you think USC has actually offered him, so he had directly been in contact with them? He seems to be telling the recruits and their families he is not leaving, which would make him a liar. I am not on the bandwagon of him leaving, but if he is a liar, then I would say good riddins and don't let the door hit you in the butt.

actually, with the current team results, why would anyone offer him a job?????
 

BW Lion

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Franklin's street value has eroded so much after his 5-0 start this season, he'd be dumber than I thought if he left PSU anytime over the next 3 years. No school administration worth a hoot would touch this guy for the egotistical amount he is making to deliver substandard results.

I kind of hope he stays and replicates his 2021 record in future years....that might be the only way for PSU's BOT to grow a collective brain and learn how to negotiate an equitable contract that has significant performance incentives and lower guaranteed compensation.
 

Player2BNamedL8r

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I thought there were limits to schools offering coaches during the season, or was that just a practice? Do you think USC has actually offered him, so he had directly been in contact with them? He seems to be telling the recruits and their families he is not leaving, which would make him a liar. I am not on the bandwagon of him leaving, but if he is a liar, then I would say good riddins and don't let the door hit you in the butt.

actually, with the current team results, why would anyone offer him a job?????
I doubt they made an official offer, but I’m sure his agent at least has a ballpark for where the numbers will be.
 

Psu00

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He just signed a contract good through 2026 IIRC. Why would they be negotiating a new one now?

If he’s seriously demanding a new contract and playing chicken in the negotiations then just let him go. His results don’t warrant his current contract (which IiRC is very 1 sided in Franklin’s favor regarding any buyout).
 

NEPA Lion

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Coaching rumors are a cancer to college football. Last week Mel Tucker was rumored to LSU, this week Lincoln Riley was rumored to
be visiting USC and LSU. These rumors created losses for two good teams. Franklin has not only is dealing with coaching rumors this since Auburn but i'm pretty sure about 4 of the 8 years he's been here and this team is in a death spiral since Iowa.

Two weeks ago a fan on CJF's Thursday show a man in the audience asked the question hinting at getting a Mike Tomlin stance or response from CJF, he danced around the question .I liked CJF the day they signed him but he's been playing this Charade long enough. I mean how many Millions is enough, it's greed at this point. If you're gonna go, go ! As a fan i'm fed up with his game.

Matt Rhule wants to coach here let him coach, if half the class bails do a Mel Tucker and load up with transfers. CJF let his players get beat up at Iowa without no retaliation, a MR team would have made them pay. Don't dangle facilities as a carrot either, for now they are pretty good , first you gotta win.
 

Ceasar

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I don't put any value in anything CJF is telling recruits or parents. It is not like he is going to resign from PSU and sit out a few years. He does not have an offer from USC or anyone else so there is nothing to say other than "I expect to be/will be back at PSU". Now, if he gets a formal offer from USC, then things could change in a heartbeat. I'm sure many recall Saban, when he was with the Dolphins, saying for a few weeks that he was not going to Alabama. But he left for Alabama. These are high stakes negotiations and no coach is going to say anything that would suggest they are talking to another school.
 

blion72

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He just signed a contract good through 2026 IIRC. Why would they be negotiating a new one now?

If he’s seriously demanding a new contract and playing chicken in the negotiations then just let him go. His results don’t warrant his current contract (which IiRC is very 1 sided in Franklin’s favor regarding any buyout).
If he goes, and it would likely be before the early signing period, do you think very many of the players in the current class would still come? my guess is most would not, especially the high end players who would have instant options. we have seen this playout at other schools where the staff leaves. the next coach might have to do what Mel Tucker and Micah Shrewsbury have done and rebuild a team via the transfers. If it is a rebuild next year anyhow, then maybe it does not matter.
 
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Pennst8

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I don't put any value in anything CJF is telling recruits or parents. It is not like he is going to resign from PSU and sit out a few years. He does not have an offer from USC or anyone else so there is nothing to say other than "I expect to be/will be back at PSU". Now, if he gets a formal offer from USC, then things could change in a heartbeat. I'm sure many recall Saban, when he was with the Dolphins, saying for a few weeks that he was not going to Alabama. But he left for Alabama. These are high stakes negotiations and no coach is going to say anything that would suggest they are talking to another school.
Good post. I completely agree. However, no offer from USC will be coming.
 

blion72

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Good post. I completely agree. However, no offer from USC will be coming.
why does his name keep coming up, if in fact his results would suggest it is not warranted? for example, just rank the BIG coaches in terms of their effectiveness. Where would JF rank? if you are putting him below the avg, then why would his name come up? Jeff Brohm, Fitz, Schiano, Row the Boat, etc. It is not clear if you rank coaches nationally why JF's name would come up, His record at a given blue blood brand name is not that great. He might have sounded better a few years ago.
 

psupride1997

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Here’s more background:

Here’s where we are currently at….

1. As I posted a while back, at some point around the Iowa game, Jimmy Sexton approached PSU with a specific list of demands that would give Franklin a new contract and keep him from looking at open jobs. Those demands basically came down to making him one of the top five coaches in the country and getting final assurances the school would be moving forward with the $70M facilities project they had previously committed to.

2. During Illinois week, PSU offered Franklin a deal that going by current rolling average would make him the 4th highest paid coach in the country. They also gave the assurances on the $70M. I can’t stress enough the facilities investment is happening whether Franklin is here or not. This is (I’m assuming) what yankee posted about at the time.

3. Franklin did not accept that proposal and made a counter offer. Then Illinois happened. Penn State told him they would not rescind the offer they made to him as they felt that would be “unethical business practices” (opinion…..that is weak and ludicrous) but they will not agree to the counter offer.

That brings us to where we are currently at. There is a current contract proposal on the table that would keep him here long term if for no other reason it would cost us a fortune to get rid of him. He has not accepted it to date and I would fully expect him to interview with other schools IF THERE IS INTEREST IN HIM. If not, I would guess he will take that deal which Penn State will get absolutely massacred for by their fan base. Based on where this season is going he would be insane not to take it right now. In turn, Penn State is insane for even having it on the table at this point.

The other information I heard was even more interesting. There’s a general belief that Franklin has this Matt Schuyler guy who is the chairman of the BOT in his back pocket. It has gotten to the point that when Franklin wants something he doesn’t even interact with his actual bosses and goes directly to Schuyler who makes a call and gets done what is being asked for. Nobody wants to cross the guy so they just do what they are told. I never even heard the guys name until yesterday, but he is heavily involved in our program.
 

psupride1997

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Another poster (who claims to have spoken with major donors about this situation) says PSU “has their guy” if Franklin leaves, and it’s Rhule or Campbell
 

BobPSU92

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Here’s more background:

Here’s where we are currently at….

1. As I posted a while back, at some point around the Iowa game, Jimmy Sexton approached PSU with a specific list of demands that would give Franklin a new contract and keep him from looking at open jobs. Those demands basically came down to making him one of the top five coaches in the country and getting final assurances the school would be moving forward with the $70M facilities project they had previously committed to.

2. During Illinois week, PSU offered Franklin a deal that going by current rolling average would make him the 4th highest paid coach in the country. They also gave the assurances on the $70M. I can’t stress enough the facilities investment is happening whether Franklin is here or not. This is (I’m assuming) what yankee posted about at the time.

3. Franklin did not accept that proposal and made a counter offer. Then Illinois happened. Penn State told him they would not rescind the offer they made to him as they felt that would be “unethical business practices” (opinion…..that is weak and ludicrous) but they will not agree to the counter offer.

That brings us to where we are currently at. There is a current contract proposal on the table that would keep him here long term if for no other reason it would cost us a fortune to get rid of him. He has not accepted it to date and I would fully expect him to interview with other schools IF THERE IS INTEREST IN HIM. If not, I would guess he will take that deal which Penn State will get absolutely massacred for by their fan base. Based on where this season is going he would be insane not to take it right now. In turn, Penn State is insane for even having it on the table at this point.

The other information I heard was even more interesting. There’s a general belief that Franklin has this Matt Schuyler guy who is the chairman of the BOT in his back pocket. It has gotten to the point that when Franklin wants something he doesn’t even interact with his actual bosses and goes directly to Schuyler who makes a call and gets done what is being asked for. Nobody wants to cross the guy so they just do what they are told. I never even heard the guys name until yesterday, but he is heavily involved in our program.

Where are you getting this stuff? Why would Franklin decline an offer that gets him what he wants (pre-Illinois)?

Assuming any of this crap is true, trying to negotiate a new contract during the season, especially when you’re already under contract, is a recipe for disaster from the perspective of the team.
 

Ram20

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I think there is clearly smoke about his contract, so as improbable as this seems, I actually believe it. Apparently Franklin negotiates like he coaches though, because after the past 2 seasons he should have 0 leverage. The only leverage he has is that he has been "Rumored" to other schools and that is going to dry up quicker than his quest to be elite. If the university has any balls they would reneg on any offer made mid season and tell him to "try them"
 

razpsu

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Was percolating at one of the other sites, FWIW…

Franklin is playing chicken with the BOT over a new contract. They rejected CJF’s counter offer, but CJF won’t sign what they’re offering him and he’s losing ground as the losses pile up. Though I did hear they have a backup plan of replacement if Franklin does leave and refuses to sign what they’re offering him.
He should t get a dime extra .
 

razpsu

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Here’s more background:

Here’s where we are currently at….

1. As I posted a while back, at some point around the Iowa game, Jimmy Sexton approached PSU with a specific list of demands that would give Franklin a new contract and keep him from looking at open jobs. Those demands basically came down to making him one of the top five coaches in the country and getting final assurances the school would be moving forward with the $70M facilities project they had previously committed to.

2. During Illinois week, PSU offered Franklin a deal that going by current rolling average would make him the 4th highest paid coach in the country. They also gave the assurances on the $70M. I can’t stress enough the facilities investment is happening whether Franklin is here or not. This is (I’m assuming) what yankee posted about at the time.

3. Franklin did not accept that proposal and made a counter offer. Then Illinois happened. Penn State told him they would not rescind the offer they made to him as they felt that would be “unethical business practices” (opinion…..that is weak and ludicrous) but they will not agree to the counter offer.

That brings us to where we are currently at. There is a current contract proposal on the table that would keep him here long term if for no other reason it would cost us a fortune to get rid of him. He has not accepted it to date and I would fully expect him to interview with other schools IF THERE IS INTEREST IN HIM. If not, I would guess he will take that deal which Penn State will get absolutely massacred for by their fan base. Based on where this season is going he would be insane not to take it right now. In turn, Penn State is insane for even having it on the table at this point.

The other information I heard was even more interesting. There’s a general belief that Franklin has this Matt Schuyler guy who is the chairman of the BOT in his back pocket. It has gotten to the point that when Franklin wants something he doesn’t even interact with his actual bosses and goes directly to Schuyler who makes a call and gets done what is being asked for. Nobody wants to cross the guy so they just do what they are told. I never even heard the guys name until yesterday, but he is heavily involved in our program.
If he did say that and do that then I have lost all respect for him. He is early in his second contract and he is coming off a 4-5 record. Don’t know what he and his agent are thinking. If usc takes him their fans will be ticked off and he will be fired shortly. Psu should rescind the offer they gave him because he didn’t answer. That is not unethical. I hope your sources are wrong.
 
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GrimReaper

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Here’s more background:

Here’s where we are currently at….

1. As I posted a while back, at some point around the Iowa game, Jimmy Sexton approached PSU with a specific list of demands that would give Franklin a new contract and keep him from looking at open jobs. Those demands basically came down to making him one of the top five coaches in the country and getting final assurances the school would be moving forward with the $70M facilities project they had previously committed to.

2. During Illinois week, PSU offered Franklin a deal that going by current rolling average would make him the 4th highest paid coach in the country. They also gave the assurances on the $70M. I can’t stress enough the facilities investment is happening whether Franklin is here or not. This is (I’m assuming) what yankee posted about at the time.

3. Franklin did not accept that proposal and made a counter offer. Then Illinois happened. Penn State told him they would not rescind the offer they made to him as they felt that would be “unethical business practices” (opinion…..that is weak and ludicrous) but they will not agree to the counter offer.

That brings us to where we are currently at. There is a current contract proposal on the table that would keep him here long term if for no other reason it would cost us a fortune to get rid of him. He has not accepted it to date and I would fully expect him to interview with other schools IF THERE IS INTEREST IN HIM. If not, I would guess he will take that deal which Penn State will get absolutely massacred for by their fan base. Based on where this season is going he would be insane not to take it right now. In turn, Penn State is insane for even having it on the table at this point.

The other information I heard was even more interesting. There’s a general belief that Franklin has this Matt Schuyler guy who is the chairman of the BOT in his back pocket. It has gotten to the point that when Franklin wants something he doesn’t even interact with his actual bosses and goes directly to Schuyler who makes a call and gets done what is being asked for. Nobody wants to cross the guy so they just do what they are told. I never even heard the guys name until yesterday, but he is heavily involved in our program.
None of that makes any sense. Schuyler is the non-executive Chairman of the BoT. He can't simply call someone and have them do what he wants unless PSU is totally corrupt and out-of-control. And if it's that bad, we'll hear about it soon enough. I don't know Schuyler from Adam, but I do know he's the number three guy at Hilton Worldwide. And if he's doing the sort of things you suggest, he's putting his career and the boatload of money (nearly $10mm p.a.) in jeopardy. I can't imagine he's that dumb, nor does he have enough free time to be "heavily involved in our program." But if I'm wrong and he wields that kind of clout, then why doesn't he simply give Franklin the contract and other stuff that he wants?

Personally, I believe that what ever kernels of truth there are in this story they're buried in a massive pile of manure.
 

84lion

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Another poster (who claims to have spoken with major donors about this situation) says PSU “has their guy” if Franklin leaves, and it’s Rhule or Campbell
At first I thought, "either one of those are OK with me" but after reading this little gem on Rhule's Wikipedia page, I'm leaning Campbell:

During his tenure at Baylor, Rhule's teams never defeated a ranked team.

Or, "if you like James Franklin, you'll love Matt Rhule!"
 

GrimReaper

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At first I thought, "either one of those are OK with me" but after reading this little gem on Rhule's Wikipedia page, I'm leaning Campbell:

During his tenure at Baylor, Rhule's teams never defeated a ranked team.

Or, "if you like James Franklin, you'll love Matt Rhule!"
Rhule was at Baylor for three years. How many years has it been for Franklin?
 

PSUFTG

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None of that makes any sense. Schuyler is the non-executive Chairman of the BoT. He can't simply call someone and have them do what he wants unless PSU is totally corrupt and out-of-control. And if it's that bad, we'll hear about it soon enough. I don't know Schuyler from Adam, but I do know he's the number three guy at Hilton Worldwide. And if he's doing the sort of things you suggest, he's putting his career and the boatload of money (nearly $10mm p.a.) in jeopardy. I can't imagine he's that dumb, nor does he have enough free time to be "heavily involved in our program." But if I'm wrong and he wields that kind of clout, then why doesn't he simply give Franklin the contract and other stuff that he wants?

Personally, I believe that what ever kernels of truth there are in this story they're buried in a massive pile of manure.
Couple of things. The Board of Trustees has never not approved any spending request for Football. Just about all of the Trustees like to view themselves as involved in the football program, Schuyler is probably no different, but none of them, not even the Chairman, has to "pull any strings" to get football spending approved. The majority of the Trustees trip over themselves trying to be the first in line to approve of spending money for anything football related.
When Louis Freeh issued his long list of recommended remediations, the only one that the Board refused to approve was that they - the Trustees - give up their luxury suite for the football games.

Coach Franklin has four years left on a huge contract that is only in its second year, a contract that was a horrible agreement from the standpoint of Penn State. Which not only made Franklin one of the highest paid coaches in the country, but also the highest paid coach in the Big Ten, now that Harbaugh was hit with a pay cut. It also provides that the amount Franklin, or his new employer, would have to pay if Franklin were to leave at an extremely low figure - about $3 million as of today - and forces Penn State to pay Franklin an enormous amount - roughly $25-30 million - if they let him go.

Since signing the contract, Penn State is 7 and 9 in conference games. Only one of those 7 wins came against a team with a winning record. Whether Franklin would have the hutzpah to ask for an even larger contract, I have no idea. Whether anyone at Penn State would even consider such a request, I don't know. But unless Franklin has a lot of hutzpah, and Penn State is completely out of control, it is hard to imagine the scenario presented as the rumor of the day to have any truth to it. Then again, who knows?
 
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Nits1989

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You beat me to it. Harbaugh just took a pay cut. How is this stuff going on at PSU? It defies logic.
 

Midnighter

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And why would they be giving him a new contract when they just signed 1 around a year ago with 5 years left on it (IIRC)?

This isn’t new - happens all the time when names come up for jobs. Peterson did it at Boise State when his name popped up for PSU, Gundy did it when he came up for Tennessee, Vandy tried to do it with CJF before he left for PSU.

More far fetched than a contract renegotiation is that ‘PSU has their guy and it’s Rhule or Campbell.’ How does that happen during the season?
 
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I do not have “intel” nor “sources” but all of this has been discussed and rumored with our tailgate crew as well as some others with season tickets around me. Sof which are low-level donors or rub shoulders with some in the AD. I actually think Franklin approached the AD and President during the summer to talk about a new contract and program upgrades.

Franklin then used the 5-0 start + other job rumors to attempt to restructure his current contract. Two primary parts of his wants were to be paid as a top five coach and major additions to the facilities/staff budget to better compete with the spending of Michigan and OSU. From what gets thrown around by various fans/alumni, is improvements to the players’ dorms/apartments, training improvements, higher staff salaries, more resources for analysts and recruiting staff. These are things Franklin thinks need to be equal to the OSU’s of the world. I actually think there might be legs to this info because I’ve heard it elsewhere for a couple months.

I’ve never heard that $70 million number thrown around - regardless of coach - but that number needs doubled or tripled if we want to play with the big boys in the facilities/staff game.

Also, paying James Franklin top 5 money after the past 5 weeks would very detrimental, unless it comes with a very low buyout for both sides. I’d pull his offer and call his bluff on getting another job. Roll with Allar & company for a few years and see how it plays out. By then, Rhule and a number of other candidates will have better availability. This isn’t the year to look for an upgrade IMO.
 

donaldfair71

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This isn’t new - happens all the time when names come up for jobs. Peterson did it at Boise State when his name popped up for PSU, Gundy did it when he came up for Tennessee, Vandy tried to do it with CJF before he left for PSU.

More far fetched than a contract renegotiation is that ‘PSU has their guy and it’s Rhule or Campbell.’ How does that happen during the season?
Yep, regarding extensions. Some guys are on perpetual rolling 4/5/6 year deals where the 1 year extension happens every year. In fact I believe most guys do this, and not extending years is basically the polite “look around for better, you’re not finding it “ from the school. If you do, like George Strait said, “Go on”.
 
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CvilleElksCoach

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Wow, what a load of BS. In my discussion with two university staff that are in in the know positions told me a MUCH different story as to what is going on. As most know I don’t share things I hear. I will give you two dips though. One, in the prior contact there was an agreement assistant coach salary pool that I had never heard before. So we will likely not hear much more about it. I was surprised about the structure. Two, Sandy has confronted James regarding the game of chicken and very recently. I will leave it at that. As for a BOT member that Franklin has the ear of, see Bill Oldsey.
 

CvilleElksCoach

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Wow, what a load of BS. In my discussion with two university staff that are in in the know positions told me a MUCH different story as to what is going on. As most know I don’t share things I hear. I will give you two dips though. One, in the prior contact there was an agreement assistant coach salary pool that I had never heard before. So we will likely not hear much more about it. I was surprised about the structure. Two, Sandy has confronted James regarding the game of chicken and very recently. I will leave it at that.
I do not have “intel” nor “sources” but all of this has been discussed and rumored with our tailgate crew as well as some others with season tickets around me. Sof which are low-level donors or rub shoulders with some in the AD. I actually think Franklin approached the AD and President during the summer to talk about a new contract and program upgrades.

Franklin then used the 5-0 start + other job rumors to attempt to restructure his current contract. Two primary parts of his wants were to be paid as a top five coach and major additions to the facilities/staff budget to better compete with the spending of Michigan and OSU. From what gets thrown around by various fans/alumni, is improvements to the players’ dorms/apartments, training improvements, higher staff salaries, more resources for analysts and recruiting staff. These are things Franklin thinks need to be equal to the OSU’s of the world. I actually think there might be legs to this info because I’ve heard it elsewhere for a couple months.

I’ve never heard that $70 million number thrown around - regardless of coach - but that number needs doubled or tripled if we want to play with the big boys in the facilities/staff game.

Also, paying James Franklin top 5 money after the past 5 weeks would very detrimental, unless it comes with a very low buyout for both sides. I’d pull his offer and call his bluff on getting another job. Roll with Allar & company for a few years and see how it plays out. By then, Rhule and a number of other candidates will have better availability. This isn’t the year to look for an upgrade IMO.
this is stuff from Mike Poormans article. Some of it is accurate. Others not so much.
 
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