John U. Bacon: Harbaugh’s Salary Put At Roughly $5 million/year, Plus Incentives

Posted on Posted in Michigan Football

As it turns out, Jim Harbaugh won’t be getting as much money to coach Michigan as initially reported a few weeks ago. According to John Bacon, who says this information came from interim AD Jim Hackett himself, Jim Harbaugh’s salary will be roughly $5 million per year, plus incentives.

The first contract numbers being reported were around $8 million per year, which would have made Harbaugh the highest paid coach in the college game, and one of the highest paid coaches in the NFL.

Now maybe “Harbaugh is doing it for the money” can be laid to rest.

UPDATE

Harbaugh told Hackett that he did NOT want to be the highest paid coach in college football. Or even the Big Ten. Instead, he is more concerned with the salaries of his assistants.

Tyler Fenwick is the managing editor of the Big House Report. Follow him on Twitter @Ty_Fenwick.

Tyler Fenwick
Managing Editor at The Big House Report
I am an aspiring journalist studying at IUPUI. I am the third (and youngest) manager of The Big House Report, and it's my responsibility to make sure it runs more smoothly today than it did yesterday.