While James Franklin’s buyout is staggering, these two coaches could shatter NCAA records if dismissed.

Penn State’s recent decision to part ways with head coach James Franklin comes on the heels of a disappointing three-game losing streak. The Nittany Lions suffered two losses as significant favorites, marking a rare occurrence in college football. This change could shake up the team’s future strategy as they aim to regain their competitive edge.

Penn State’s Coaching Change Amidst Losing Streak

Penn State University has dismissed head coach James Franklin following a series of unexpected defeats, including two consecutive losses despite being favored by over 20 points. This marks a significant moment in college football, as it is the first time in three decades that a team has lost two games in a row while holding such a strong advantage.

Despite leading the Nittany Lions since 2014 and achieving an impressive overall record of 104-45, Franklin’s tenure was marred by consistent losses in high-stakes games. The team’s recent performance raised questions about their ability to win crucial matchups, resulting in Franklin’s departure and a buyout of approximately $50 million. This figure is notable, as it represents one of the largest coaching buyouts in the sport’s history, following Jimbo Fisher’s $76 million settlement with Texas A&M.

The Buyout Landscape in College Football

Interestingly, there are two coaches whose potential buyouts surpass Franklin’s staggering sum. If Lincoln Riley from USC were to be fired, he would stand to receive a buyout of $90 million. Meanwhile, Kirby Smart, head coach at Georgia, holds the remarkable distinction of having a buyout of $118 million, in addition to being the highest-paid coach in college football with a salary nearing $13.3 million.

Riley’s move from Oklahoma to USC in late 2021 was highlighted by a lucrative contract that included benefits such as a private jet and housing. His performance at USC has been mixed, currently tallying a record of 31-15 over three-and-a-half years. However, the Trojans are performing well this season with a 5-1 record, their only setback being a narrow loss to Illinois.

In contrast, Smart’s ability to steer Georgia to success is well-documented. From 2021 to 2023, Georgia accomplished an impressive 42-2 record while remaining undefeated in SEC play and captured two national championships. Even in a “down year,” the Dawgs reached the College Football Playoff with an 11-3 record last season, solidifying Smart’s position as one of the leading figures in college football.

As it stands, the prospects of both Riley and Smart departing their schools appear slim, especially with their teams’ promising performances. Georgia, in particular, would face a hefty financial burden should they decide to move on from Smart, highlighting the significant stakes involved in college football coaching contracts.