Brief Update on Jim Harbaugh’s Contract With Michigan

Posted on Posted in Michigan Football

 

With the Michigan Wolverines officially naming Jim Harbaugh their new head coach, numbers are slowly trickling out about his contract.

Harbaugh, according to Chris Balas, will be receiving a seven year deal worth close to previously mentioned eight-million dollars per year. With incentives, it could go up to eight million, but obviously Harbaugh will have to meet requirements in order to receive full salary.

NFL reporters are still saying that select teams such as the Raiders, Bears and others are still trying to woo Harbaugh to coach for their teams, but the deal with Michigan is said to be done.

UPDATE

John U. Bacon has reported that interim athletic director, Jim Hackett, announced the numbers to Harbaugh’s contract.

He will be receiving $5 million annually, and have the same basic contract as he did in San Fransisco.

It will also involve some incentives to go north of the five-million.

You can read more about it here.

UPDATE

The terms of Harbaugh’s contract have officially been disclosed.

David Mormino
Best in the World at The Big House Report
David Mormino is a 23 year old journalist for TheBigHouseReport.com. Graduate of Connecticut School of Broadcasting. Previously worked for MLB.com and MLBAM. Podcast Host on WolverineSounds for The Book of Mormino.