James Franklin is cashing in.
Last year's Big Ten championship season clearly impressed those in charge at Penn State, as the university has agreed to a six-year contract extension with Franklin, Bruce Feldman of Sports Illustrated reports, citing sources.
Feldman also reports the new deal will pay Franklin an average of $5.8 million per season.
Franklin is set to enter his fourth season with the Nittany Lions, having turned back-to-back 7-6 campaigns into a remarkable 11-3 season last year that resulted in the school's second outright Big Ten title since 1994.
Penn State will begin its conference championship defense when it opens the season against Akron at home on Sept. 2.
Copyright © 2017 Score Media Ventures Inc. All rights reserved. Certain content reproduced under license.