Harbaugh Agrees To Reworked 5-Year Contract With Michigan
Feb 17, 2022, 9:21 AM
Head coach Jim Harbaugh of the Michigan Wolverines celebrates with the trophy after the Michigan Wolverines defeated the Iowa Hawkeyes 42-3 to win the Big Ten Championship game at Lucas Oil Stadium on December 04, 2021 in Indianapolis, Indiana. (Photo by Dylan Buell/Getty Images)
(Photo by Dylan Buell/Getty Images)
AP – Michigan coach Jim Harbaugh agreed to a reworked five-year contract that runs through the 2026 season, guaranteeing he will make more than $7 million each season.
The announcement of a new deal comes two weeks after Harbaugh interviewed to fill the head coaching vacancy with the Minnesota Vikings.
The University of Michigan and head coach Jim Harbaugh have agreed to a contract extension.
🗞 https://t.co/ZQUpWmigv3#GoBlue pic.twitter.com/Tpr4c8iQ6S
— Michigan Football (@UMichFootball) February 16, 2022
Harbaugh would make $2 million in performance bonuses if the Wolverines repeat as Big Ten champions and go back to the College Football Playoff.
Harbaugh would earn another $1 million bonus if he can lead the school to its first national title since 1997.
Who's got it better than us? pic.twitter.com/vKB9YHVJab
— Michigan Athletics 〽️ (@UMichAthletics) February 3, 2022
Harbaugh agreed to large pay cut last year after the Wolverines went 2-4 in the pandemic-abbreviated 2020 season.