Michigan Extends HC Jim Harbaugh With New 5-Year Deal

Michigan Wolverines head coach Jim Harbaugh isn't heading anywhere.

After tempting the Wolverines program with his exit, Harbaugh is staying put after agreeing to a five-year extension with Michigan, announced by the program on Wednesday.

After finishing the past season 12-2 and thrusting the team back into the Big Ten limelight with a title win over Ohio State — and appearance in the CFP — Harbaugh's contract started to read like a bargain.

Harbaugh earned $8 million in 2020, per his previous five-year deal with the Wolverines, and his base salary was cut down to $4 million in 2021.

Harbaugh went through several interviews with NFL franchises before agreeing to his new extension with Michigan.

Rumors floating around Harbaugh's interviewing spree suggested that the ramped-up intrigue to join the Las Vegas Raiders or Minnesota Vikings was a ploy to bump up the figures on an offer from Michigan; tacitly demanding that his alma mater put some respect on his name or lose out on the coach's services.

Harbaugh joined the Wolverines in 2016 after a successful four-season run as head coach of the San Francisco 49ers, with whom he reached a Super Bowl.

The figures from his new deal have yet to be announced.

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