Penn State hires Matt Campbell as new head football coach, offering an eight-year, $75 million contract, making him the highest-paid coach in school history. The deal includes a $1 million annual retention bonus and automatic extensions for playoff or championship wins. Campbells previous salary was $5 million, with Penn State paying a $2 million buyout to his former team. The contract is fully guaranteed, with a detailed buyout structure and performance incentives tied to academic success.The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.

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