$54 million star college football coach surges as a favorite to be named Penn State HC

Penn State is actively searching for a new head football coach following the dismissal of James Franklin. James Madison's Bob Chesney is currently the favorite for the position with a 39% chance, according to Kalshi. Notre Dame's Marcus Freeman has emerged as a notable contender, with betting odds placing him in second place with a 26% chance. Freeman, who has a successful record at Notre Dame, recently signed a contract extension through 2030, making him one of the highest-paid coaches in college football. Despite the odds, Freeman is not expected to leave Notre Dame, which is on the cusp of a College Football Playoff appearance. The Penn State search comes amid reports that the program intends to make significant efforts to attract a top-tier coach.