Jim Harbaugh agrees to reworked Michigan contract worth over $7M annually - Sportsnet.ca

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Michigan coach Jim Harbaugh agreed to a reworked five-year contract with the school that runs through the 2026 season, guaranteeing he will make more than $7 million each season.

If the Wolverines repeat as Big Ten champions in 2022 and go back to the College Football Playoff, Harbaugh would make $2 million in performance bonuses. Harbaugh would earn another $1 million bonus if he can lead the school to its first national title since 1997.

“My family and I are excited to continue leading this football program, and we are thankful for the support that our athletic department and university administration have demonstrated toward the team,” Harbaugh said Wednesday in a statement. “I appreciate all that our players, coaches and staff are doing to excel on and off the football field.

Harbaugh took to large pay cut last year after the Wolverines went 2-4 in the pandemic-abbreviated 2020 season. Michigan bounced back in 2021, winning the Big Ten for the first time since 2004 and earning the school’s first bid to the College Football Playoff.

Source: Education Headlines (educationheadlines.net)

 

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