
Penn State has a stadium sized money problem if it wants to get rid of James Franklin, and I’d put any thoughts of a buyout coming in the near future out of your mind accordingly.
Pat Kraft made the decision to go all in on football, this coach, this quarterback during the offseason. James Franklin coming off the national semifinal was given the home run coordinator he desired. He was given a solid, though not best in class, NIL purse. He has full control over everything in this program except for one area…the renovation of Beaver Stadium.
There is a lot of money being directed to and tied up in that stadium. Costs associated with it are high and any money that could be tapped for a buyout is already tied up in this stadium. Interest rates are high, materials costs have increased (tariffs not helping), and while the stadium is on time, it is not fully in budget despite comments to the contrary.
The one or two people who can pay are not the type of people who like to throw money to make a negative statement. Neither likes to waste money and neither wants to do it. What we’re left with is a very leveraged athletic department paying for a stadium and betting on this team…and that bet failing in spectacular fashion. I think James has lost this fanbase and that makes the jobs of major gifts a lot harder. Both in excellence fund building and in stadium fundraising.
Have been told they have a few major gifts in their pocket they’ve been holding out on, I’d expect those to be announced to calm the masses. But don’t waste the keystrokes on the possibility of a spectacular or bombastic display of an AD saying enough is enough. We can’t afford it.
Also Landon Tengwall is an absolute clown, as is PSU barstool for advocating to harm the program. We’re stuck with James for now, gonna have to hope he changes his ways. The only way he’s out is if there’s a mutual separation at the end of the season and that’s gonna require James saying he doesn’t wanna do this here anymore.