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James Franklin is in the 'early stages' of negotiations to take over at Virginia Tech, only weeks after he was fired by Penn State.
The 53-year-old lost his job last month after a dreadful start to the 2025 season with the Nittany Lions.
Franklin was owed more than $49million by Penn State - among the biggest buyouts in college football history.
On Saturday, however, ESPN revealed that Franklin has begun talks with Virginia Tech over its head coach role, with a decision on his future expected over the next few days.
The Hokies, who are still considering other candidates, have been on the lookout for a new leader since firing Brent Pry in September.
Franklin spent 12 seasons with Penn State before being axed on October 12 in the wake of three consecutive losses.
Virginia Tech pulled the trigger after a home loss to Old Dominion that left the Hokies 0-3 on the 2025 campaign.
They went 16-24 through four seasons under Pry, who was owed more than $6m in his buyout.
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