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Almost two months after firing James Franklin, Penn State is reportedly nearing the finish line with a new head coach.
The Nittany Lions are reportedly hiring Iowa State head coach Matt Campbell to replace Franklin. Campbell and Penn State are working on a deal, as they need to agree to terms and get formal approval of compensation, according to ESPN.
The 46-year-old is the winningest coach in Iowa State history. The three-time Big 12 Coach of the Year went 72-55 in 10 seasons with the Cyclones, with eight winning seasons, including this one, as they are 8-4. Campbell helped lead Iowa State to two Big 12 championship game appearances.
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Iowa State Cyclones head coach Matt Campbell reacts during the fourth quarter against BYU at Jack Trice Stadium. The game took place in Ames, Iowa, on Oct. 25, 2025. (IMAGN)
Prior to coaching at Iowa State, Campbell was the head coach at Toledo for five seasons, where he went 35-15.
Penn State fired Franklin after three straight losses. Their three-game losing skid began with a 30-24 overtime loss to Oregon at home, and the team never bounced back.
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Iowa State head coach Matt Campbell celebrates after a defensive interception against Kansas during the fourth quarter on senior day at Jack Trice Stadium. The game took place in Ames, Iowa, on Nov. 22, 2025. (IMAGN)
The team’s second loss came on the road, when they lost 42-37 to UCLA, who came into the game at 0-4. The third loss came in a 22-21 loss to Northwestern at home, dropping Penn State to 3-3. Franklin was fired a day later.
Franklin was largely successful at Penn State during the regular season, as he went 104-45, but he was never able to win a national championship. Franklin won the Rose Bowl in 2022, the Cotton Bowl in 2019, and the Fiesta Bowl in 2017.
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Dating back to Franklin’s three seasons at Vanderbilt, the veteran coach is 8-7 in bowl games.
Penn State named Terry Smith its interim head coach, and the 56-year-old has gone 3-3 in his six games at the helm. Penn State is 6-6 this season, and will look to turn things around in Campbell’s first season.
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Ryan Canfield is a digital production assistant for Fox News Digital.