clock menu more-arrow no yes

Filed under:

Report: Jim Harbaugh, Michigan agree to contract extension

After a down season in Ann Arbor, it seems as if the Wolverines will be bringing back Harbaugh for another run at a Big Ten championship.

Michigan Wolverines head coach Jim Harbaugh on the sideline in the second half against the Penn State Nittany Lions at Michigan Stadium. Rick Osentoski-USA TODAY Sports

Head coach Jim Harbaugh and the University of Michigan have reached an agreement on a contract extension, according to ESPN’s Adam Schefter. The Athletic and Detroit Free News initially reported a potential extension between the two sides.

The Detroit Free News reports that it will be a five-year extension for Harbaugh, while the Athletic says that the head coach will be taking a significant pay cut. The former University of Michigan quarterback base salary will be $4 million, which is currently half of his 2020 salary, per the Athletic. But Harbaugh could double that amount to $8 million due to contract incentives. The deal includes a lower buyout for the university if it decides to fire Harbaugh before the deal ends.

This season, the Wolverines did not fare well under Harbaugh. Michigan finished the season with a record of 2-4, which put Harbaugh’s job on the hot seat. Then, on top of that, he has failed to reach to the Big Ten championship game or defeat the Ohio State Buckeyes.