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Event Brief

Penn State, James Franklin Agree to Reduced Buyout

Franklin's buyout was cut from $49 million after his firing, as he moves to Virginia Tech.
WHO: James Franklin, Penn State
WHAT: Negotiated reduced buyout
WHEN: Nov 17, 2025 at 7:00 PM ET
WHERE: Penn State, Virginia Tech
WHY: To facilitate Franklin's transition to a new coaching position
Sources (1): CBS Sports

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