There is a strong belief that Vanderbilt Commodores head coach James Franklin will be leaving the SEC to take over as the leading man of the Penn State Nittany Lions, but there is an interesting clause in his contract that could make it difficult to lure Franklin away from Vanderbilt.
Apparently, the buyout that would be required to get Franklin out of his contract with Vanderbilt is tied to a $31 million indoor practice facility.
If Franklin was to leave Vanderbilt, the team that brings him on board would be forced to pay off the remainder of the project.
Coach Franklin’s contract is for approximately 3.5 million a year which makes him the fifth highest paid coach in the SEC just behind Nick Saban, Kevin Sumlin, Les Miles, and Steve Spurrier. According to a source in the athletic department there is no buy out clause. But the way the contract is written the turf on the football field that was put down two years ago and the new 31 million dollar indoor practice facility is tied to Coach Franklin and his contract. And if he leaves whichever school wants our coach has to pay off the upgrades that Franklin asked for and received.
That certainly makes things more interesting with the Franklin to Penn State reports, so we will have to see if anything comes to fruition with the Nittany Lions.
If it does, the players at Vanderbilt will be enjoying a brand new facility on Penn State’s dime.