Jim Harbaugh Contract Details: Lands A Huge Bonus Despite Suspension

Jim Harbaugh was at home as his Michigan Wolverines defeated the Ohio State Buckeyes for the third time in a row. It enhanced not just the chances of No. 3 Michigan winning the national title, but also Harbaugh’s financial account.

Jim Harbaugh Contract Details: Lands A Huge Bonus Despite Suspension

In order to secure the Big Ten East championship and win three straight games against their bitter rival, Michigan overcame a tough fight against No. 2 Ohio State, prevailing 30–24. But instead of joining the squad in celebration, Harbaugh was serving the third and last game of a ban that the Big Ten had imposed as retaliation for Michigan’s sign-stealing incident.

Harbaugh intends to utilize a clause in his contract that provides him with an enormous $500,000 incentive should the Wolverines advance to the Big Ten Conference Championship game. That is in addition to his compensation of about $7 million every year.

According to Harbaugh’s contract with Michigan, he will get the designated bonus provided the team meets specific performance targets and he “remains employed as head coach at the time of the applicable game.”

Harbaugh “will have earned and fully vested in any of the performance payments… at the time that the relevant game is played,” according to the agreement.

There is no clause in the contract requiring Harbaugh to be present on the sidelines for a game when the team achieves a goal that earns a bonus.

With Michigan at 12-0 and having defeated its bitter rival three times in a row, Harbaugh is well deserving of it. If he had spent more time on the field.

However, Harbaugh missed the Wolverines’ games against UNLV, Bowling Green, and Rutgers to begin the season due to a three-game ban. Afterwards, he was absent from the season’s last three games against Ohio State, Penn State, and Maryland.

They are heavy favourites to win the Big Ten Championship, and Harbaugh will make his coaching comeback against Iowa. According to Berkowitz, Harbaugh will get a $1.5 million incentive if the Wolverines triumph and secure a spot in the College Football Playoffs.

Despite serving a game-day suspension, Harbaugh is still anticipated to get the compensation. Berkowitz was informed by a Michigan spokesman that the institution still intends to uphold the contract.

According to USA Today, Harbaugh will receive $8,254,600 in total compensation in 2023. Should he return to lead the Wolverines to more success this season, that amount may increase even higher.

What Michigan football coach has the most wins?

Most overall wins
  • Bo Schembechler (194)
  • Fielding H. Yost (165)
  • Lloyd Carr (122)
  • Jim Harbaugh (80)
  • Fritz Crisler (71)

Why is Jim Harbaugh in Ring of Honor?

He was inducted into the Colts Ring of Honor in 2005. One of the most proficient passers in NCAA history, Harbaugh was a Wolverine. He was the country’s best pass efficiency leader in 1985 and came in second the following year.

What college football team has the most wins?

NCAA football teams ranked by total wins (through November 21, 2023)
Rank Team Won
1 Michigan 1001
2 Ohio State 964
3 Alabama 963
4 Texas 946

 

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