Franklin Signs New Contract Extention

By Travis Johnson – STATE COLLEGE, Pa. (AP) — Penn State head football coach James Franklin has signed a contract extension that guarantees him $34.7 million through 2022. According to Penn State, the deal is worth an average of $5.78 million annually and contains up to $1 million in incentive bonuses each year. The extension modifies the initial six-year contract Franklin signed when he was hired in 2014. That contract was to pay him $4.6 million this year. After back-to-back 7-6 seasons in Franklin’s first two years in Happy Valley, the Nittany Lions won the Big Ten last year. Penn…