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James Franklin's new Penn State deal makes him No. 5 on list of highest-paid college football coaches

Related Topics: Charlie Strong

With the retirement of Bob Stoops at Oklahoma (who made $5.55 million in 2016), that means Franklin is set to out-earn everyone else in college football as their contracts stand now.

Clemson coach Dabo Swinney negotiated a new contract last year before his Tigers defeated Alabama for the 2016 national title that pays him a reported $5 million annually over six years.

As it stands now, Franklin is set to earn more per year over the course of his deal than Clemson coach Dabo Swinney whose team won the national title last season.

Among others recently in Franklin’s lofty strata:

• South Florida coach Charlie Strong was making $5.