I'm not judging Franklin on this year. I'm judging him on his performance in every PSU year except the Moorehead years (and an extra dose of negativity for his in-game confusion/poor decision making).
Unless he can either (a) always hire CFB's next Moorehead on his next try or (b) hire a coach *that* hot who never wants to leave, he can not retire from PSU. He'll be fired. Because he isn't good enough for this level. And this latest OC is no Moorehead. Good for James for hiring Moorehead to fool his boss this long and get paid. And since he's so likable, I really mean it. James is a version of Brady Hoke who actually hired the right OC when his job depended on it.
Less bold of a prediction than you think: Franklin is fired for poor performance between 2020 and 2022 -- for a tenure as long as Hoke's would have been if he'd made that one good hire one time and traded it for a conference championship.