Penn St. gives Franklin 6 years, $34.4M

(Photo by Robin Alam/Icon Sportswire via Getty Images)

(TSX / STATS) -- Penn State approved a six-year contract extension for head coach James Franklin through at least the 2022 season, the school announced Friday.

The new contract for the football coach will average $5.73 million per year for six years, according to Sports Illustrated and confirmed by ESPN. Franklin was scheduled to make $4.7 million this year under his previous deal.

Penn State athletic director Sandy Barbour announced the agreement after the university board unanimously approved Franklin's extension.

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