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The Excerpt

Golden parachutes for failed college football coaches become the norm

11 Nov 2025

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College football season this year is…. different. How so, you ask? It’s not just the breakout success of Indiana’s Hoosiers and the crushing disappointment of Penn State, although those are both noteworthy developments. It’s the golden parachutes being doled out to bad coaches from public schools. Some of the biggest parachutes we’ve so far include Penn State’s payout to coach James Franklin to the tune of $49 million dollars. We also have another big payout to Brian Kelly at LSU. So far across the country, we’re looking at millions in go-away payouts for failing college football coaches from public colleges, colleges where many students continue to take on exorbitant debt to earn a degree. Is this okay? USA TODAY Senior National College Football Writer Matt Hayes and USA TODAY Sports Project Reporter Steve “Berk” Berkowitz join USA TODAY’s The Excerpt to dig into all of it.Have feedback on the show? Please send us an email at [email protected].  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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