Penn State reportedly fired head football coach James Franklin on Sunday.

The decision came after the Nittany Lions suffered an upset loss to the Northwestern Wildcats, ESPN reported. It was the school’s third straight loss and second consecutive shocking defeat. The team lost to the UCLA Bruins on the road last weekend.

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The school reportedly owes Franklin more than $49 million. Assistant coach Terry Smith was named the interim head coach, according to ESPN.

Franklin took over as Penn State’s head coach before the 2014 season after he spent three years with the Vanderbilt Commodores, leading the school to back-to-back nine-win seasons.

He was in his 12th season at Penn State. He led the Nittany Lions to the College Football Playoff semifinals last season, finishing 13-3.

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Franklin was 104-45 as the school’s head coach.

The shakeup came as the school announced that quarterback Drew Allar, who was thought of as a possible NFL prospect, was out for the season. Allar suffered a leg injury in the team’s 22-21 loss to Northwestern.

Penn State will now try to salvage its season as it continues into the thick of its Big Ten schedule. The Nittany Lions will be on the road for a game against the Iowa Hawkeyes, but it gets more difficult from there.

The Nittany Lions will have No. 1 Ohio State on Nov. 1 and No. 7 Indiana on Nov. 8. Four or more losses will likely keep Penn State out of the College Football Playoff this season.

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The Colorado Buffaloes and Deion Sanders ended a skid against teams ranked in The Associated Press top 25 poll on Saturday with a 24-17 victory against No. 22 Iowa State.

Buffaloes fans at the stadium in Boulder spilled out of their seats and onto the field after the victory, even as the public address announcer warned fans the school will possibly be fined by the Big 12 Conference for their part in the field storming.

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Sanders was perplexed that the celebration would garner a fine.

"Is it a fine?" Sanders asked after the game. "Come on, man. That ain’t right. ... I want to see the kids rush the field. I absolutely love it."

The crowd immediately ran to midfield after Colorado star quarterback Kaidon Salter took a final knee to end the game.

"I mean, hats off to our security team. They do a good job ushering me in (to the locker room)," Sanders said. "But I love to see it. I really do."

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Colorado will possibly receive a $50,000 fine for the incident.

"How is it $50,000 for rushing the field?" Sanders said. "Wow. Shoot. I’m sorry. Wow, 50 grand."

Two weeks ago, the Big 12 fined Colorado $50,000 for directing expletives and religious slurs toward members of The Church of Jesus Christ of Latter-day Saints as BYU defeated the Buffaloes 24-21. 

Colorado also received a $25,000 fine last season when the crowd rushed the field during an overtime win over Baylor.

The Associated Press contributed to this report.

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