Why NFL Teams Will Keep Calling Jim Harbaugh
Michigan Wolverines head coach Jim Harbaugh has agreed to a contract extension to remain the head coach at the university until 2026.
“I love Michigan Football, the University of Michigan and the Ann Arbor community. 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 in a statement. “I appreciate all that our players, coaches and staff are doing to excel on and off the football field. My enthusiasm for tomorrow, the day after and every day following is as high as ever, and we are ready to get on the practice field and start preparations for the 2022 season. Go Blue!”
One of the key components of Harbaugh's contract that many are paying attention to are the details of the buyout.
If the 58-year-old wants to test the waters in the NFL, the buyout would not preclude any team from inquiring in the future.
If Harbaugh decides to leave after the 2022 season, he would owe the university a $3 million buyout.
The buyout dips to $2.25 million, $1.5 million, $750,000 and then zero in subsequent years.
Mentioned how the buyout was the NFL-relevant piece of Jim Harbaugh's new contract at Michigan. Here it is. Basically an invitation for NFL teams to keep calling. https://t.co/87WU8FUCwy
— Albert Breer (@AlbertBreer) February 17, 2022
Just received Jim Harbaugh’s new contract. If my math is right, he’ll earn $7.05 million in base pay next year, up to $7.6 million by the end of the deal.
— Austin Meek (@byAustinMeek) February 17, 2022
Here's the guaranteed money portion of Jim Harbaugh's revised contract with #Michigan. pic.twitter.com/xA7bXQAvp7
— Aaron McMann | MLive.com (@AaronMcMann) February 17, 2022
- Subscribe to the AllLions podcast on iTunes
- Like and follow AllLions on Facebook
- Follow us on Twitter: @detroitpodcast @vitojerome @llamorandier @danielkellybook @CBooher_
- Follow Detroit Sports Podcast on Instagram: @detroitsports_podcast
Become a premium AllLions member, which grants you access to all of our premium content and gets you a FREE subscription to Sports Illustrated! Click on the link below for more.