Hey fellas… what is the actual $ if CJF is let go this year? Anyone actually know? Guy at gym saying it is less than 10 million and goes down every year. I know it’s been discussed here that the buyout is 70 million. Guy at gym is a dbag… a know it all… help me out guys!
Franklin contract
- Thread starter Bkmtnittany1
- Start date
As I recall, the buyout this year is $72 MM and drops $8 MM a year over the course of the next nine years.
Am I wrong? I had read somewhere that once the $100 million a year media payoff to every B1G team takes place (2024?) PSU administration would easily be able to buy CJF out at that point if they wanted. Can anyone confirm? FWIW... My guess is he'll be here three more seasons tops. I don't see him surviving too many more (The World Famous) O$U defeats.
Your friend is probably thinking of Franklin's buyout if he wants to get out of the contract. Yes, we know, Sandy was great at her job and a most skillful negotiator.
$71 MM could almost get us The Eric Barren Grand Cathedral of The Arts (and such) II.
He is owed the entire contract value...so a minimum 63 million after this year.
Breaking down James Franklin's enormous new contract with Penn State
Breaking down the annual pay, bonuses, and buyout terms of James Franklin’s new 10-year contract with Penn State
nittanylionswire.usatoday.com
please scroll all the way to the bottom for terms of his buyout from PSU.
# of years x 7 million.
Number of years times $8mm, so it's $72mm.He is owed the entire contract value...so a minimum 63 million after this year.
Breaking down James Franklin's enormous new contract with Penn State
Breaking down the annual pay, bonuses, and buyout terms of James Franklin’s new 10-year contract with Penn State
please scroll all the way to the bottom for terms of his buyout from PSU.
# of years x 7 million.
Bite your tongue. Someone from the administration or BoT might think that’s a good idea. Don’t give them any ideas on how to waste more money.
Bite your tongue. Someone from the administration or BoT might think that’s a good idea. Don’t give them any ideas on how to waste more money.
Like they need help.
Ed Orgeron on his "firing" and his 17 million dollar buyout, "What time do you want me to leave and what door do you want me to use brother." Imagine Franklin's reaction if he's fired after another few years with a parting gift of 3 times that.
I've worked in management. Trust me if they really want to get rid of you "with cause" they'll find a way.
Did you have millions of dollars to fight the "with cause"? If so, awesome, if not, you're not talking the same game he would be legally. Fans crying about his contract or upset because he only won 9 games isn't cutting it.
Like I said earlier...the guy is a d-bag. He even admitted to me he is a regular contributor to the retard....excuse me.... Test Board on that other site. Dude is a radicalized nut! Last week he had on a "Q" hoodie. But I will say "9 More Years" just to piss him off!
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