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Tuesday, December 30, 2014

Details on Jim Harbaugh contract

(image via U of M Diehards)
Here are the major details about Jim Harbaugh's contract with Michigan:

  • 7 years, $5 million per year; 10% increases after year three and year five
  • $125,000 for team playing in Big Ten Championship Game or $250,000 for team winning Big Ten Championship Game
  • $200,000 for team playing in bowl game selected by College Football Playoff Selection Committee or $300,000 for team playing in four-team College Football Playoff
  • $500,000 for team winning national championship
  • $50,000 for winning Big Ten Coach of the Year (voted on by coaches)
  • $75,000 for winning various other media-chosen Big Ten Coach of the Year awards (only one per year)
  • Up to $150,000 per year for Academic Progress Rate (APR) of 960 or higher
  • $2,000,000 signing bonus

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