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Vanderbilt coach James Franklin during the Commodores' upset of No. 15-ranked Georgia in October.

(AP/Mark Humphrey)

The make or break moment for James Franklin appears to be at hand on whether or not he'll be Penn State's next head football coach.

According to a report from the Scranton Times Tribune late Wednesday, Franklin, the head football coach at Vanderbilt University, has been offered the Penn State job. The story is citing sources close to the Penn State program.

Franklin could decide to accept or reject Penn State's offer as early as Thursday, the report says.

Franklin was offered the job after meeting with members of Penn State's search committee for several hours Wednesday in Destin, Fla., where Franklin and his family have a home. Vanderbilt AD David Williams confirmed to The Tennessean's Jeff Lockridge Wednesday that Franklin was out of town and taking a few days off.

A private plane from Destin, Fla., landed at University Park Airport in State College late Wednesday evening. Penn State University president Rodney Erickson and athletic director David Joyner stepped off the plane as well as other members of the search committee, PennLive's Audrey Snyder confirmed.

Franklin is believed to be Penn State's leading candidate to succeed Bill O'Brien, but former Tennessee Titans coach Mike Munchak is still in the mix. Penn State is also reportedly set to interview San Francisco 49ers offensive coordinator Greg Roman.