On Monday, Virginia Tech announced the hiring of James Franklin as the school's next football coach. On Friday, the school announced the terms and details of a five-year deal worth $41.75 million that runs through 2030, which Franklin signed on Monday.
Franklin will make an average of $8.25 million a year, and he will make $12.75 million in year four and $13.25 million in year five of the deal. The contract is fully guaranteed, and adding in the $9 million he's making from his buyout at Penn State, he'll be making over $50 million.