On Wednesday, it was announced by both Michigan and Jim Harbaugh that the two parties have agreed on a contract extension. So you should be expecting to see the head coach in Ann Arbor after seeing talks with Minnesota Vikings come to an end in the recent days, which was predicted by casinoclic.
The Michigan Wolverines register their first appearance in the College Football Playoff last campaign and they intend to keep that momentum following the extension of Harbaugh's contract to 2026. This new deal will see Harbaugh earning $7 million before incentives this year and that figure could rise through the length of the contract according to a report from 247Sports.
It was also revealed just how much Harbaugh's buyout will be if Michigan had to sack him in the future or if another NFL team seeks to hire him. The report revealed his buyout for this year to be $3 million, which will then reduce to $2.25 million in 2023, then $1.5 million in 2024 and $750,000 in 2025.
Although we all understand that Harbaugh was still under a contract with the Wolverines, the extension could be seen as a way to restructure the previous deal with the intention of adding more years and improving his compensation for 2022. Harbaugh, who was a former Michigan quarterback, has been impressive in his career as the Wolverines head coach as he had defeated arch-rival Ohio State for the first time in November before eventually succumbing to a defeat to Georgia in the CFP with https://www.jackpotjill.net/en/ backing the game at the time.
He could be considered to have grown up in Ann Arbor, as he had spent a portion of his childhood there back when his father was an assistant coach for the Michigan Wolverines, which led him to be synonymous with the program since a young age.
A press release was published to announce the contract extension. In it, Harbaugh said: “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.
"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!”
Following Harbaugh's take, Michigan athletic director Warde Manuel voiced his own opinion in the press release.
He said: “Jim has done a great job coaching and developing the young men in our football program. Last season, Jim along with the staff and players delivered a memorable season that will remain with all of us for a long time. As Coach said, this is just the beginning. Academically, our program has been one of the best in the Big Ten and among the leaders across the country. We have graduated our players and they have been young men of great character who have done the right things. I have the utmost confidence in the direction of the program under Jim’s leadership.”
