It seems as though former Penn State head coach James Franklin could be back leading a Power 4 program soon.

Franklin appears to be very much in the mix for coaching job openings at Virginia Tech and Arkansas. He has been rumored to be a candidate at both programs in recent weeks.

In fact, Kalshi has Franklin as the favorite to be the next head coach at Virginia Tech, listing him with a 59% chance of leading the Hokies program in 2026 as of Thursday afternoon.

James Madison head coach Bob Chesney has the second-best odds to be the next Hokies head coach at 25%, per Kalshi.

As for the Arkansas job, Kalshi has Franklin as the most-likely candidate there, too, at 44% as of Thursday afternoon. Former NFL coach Jon Gruden has the next best odds at 13%, followed by Memphis head coach R

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