Virginia Tech coach James Franklin will make round $8.2 million yearly on the five-year deal he signed with the Hokies, the college introduced Friday. Although that’s round $300,000 lower than he was making at Penn State, it does maintain him among the many prime 20 highest-paid coaches in school soccer.
Franklin’s compensation can be staggered. He is set to make $500,000 in base annual wage with the remainder of the cash coming from incentives. Franklin will make more cash every year of the deal, with the contract’s worth set to peak at $12.75 million in 2030.
Notably, Virginia Tech can be rising Franklin’s wage pool to $15.5 million, which implies that he’ll have loads of cash to assemble his inaugural teaching workers with the Hokies. This is a have a look at the opposite incentives baked into Franklin’s first contract:
- He could make as much as $250,000 in bonuses for 12-win seasons.
- He’ll be awarded $150,000 for any coach of the 12 months awards.
- Franklin will obtain bonuses for ACC Championship Sport and School Soccer Playoff appearances with an $800,000 for successful a nationwide title.
Penn State and Franklin additionally agreed to a lowered buyout in mild of his hiring at Virginia Tech. As a substitute of paying Franklin $49 million over the course of six years, Penn State is on the hook for simply $9 million of Franklin’s earlier settlement with the varsity.
Penn State fired Franklin in October amid a 3-3 begin to the 2025 season. He departed the Nittany Lions with a 104-45 total report, three top-10 finishes within the AP High 25 ballot, one Massive Ten title (2016) and an look within the 2024 School Soccer Playoff.
Franklin is ready to interchange Brent Pry, his former defensive coordinator at Penn State. Pry by no means gained greater than seven video games with the Hokies, who had been 0-3 on the time of his departure in September.
