Harbaugh agrees to rework 5-year contract with Michigan

Michigan coach Jim Harbaugh has agreed to a reworked five-year contract with the school that will run through the 2026 season, guaranteeing he will earn more than $7 million each season.

Harbaugh’s salary starts at $7.05 million next season and increases each year thereafter.

If the Wolverines repeat as Big Ten champions in 2022 and return to the college football playoffs, Harbaugh would earn $2 million in performance bonuses. Harbaugh would earn another million dollar bonus if he could lead the school to its first national title since 1997.

Harbaugh’s contract, obtained Thursday through an open-files request, also includes the university contributing $1 million a year to his retirement plan.

Over the term of the agreement, Harbaugh’s average annual salary will be over $7.334 million.

The announcement of the new deal came two weeks after Harbaugh was interviewed to fill the vacant Minnesota Vikings head coaching position.

“My family and I are thrilled to continue to lead this football program, and we are grateful for the support our athletic department and university administration have shown the team,” Harbaugh said in a statement Wednesday. “I appreciate everything our players, coaches and staff do to excel on and off the football pitch. My enthusiasm for tomorrow, the day after and every day after is higher than ever, and we are ready. to get to the training ground and start preparations for the 2022 season. Come on blues!”

The terms and length of the deal Harbaugh signed last January have been changed to include an additional year.

Harbaugh took a major pay cut last year after the Wolverines went 2-4 in the pandemic-abbreviated 2020 season. Michigan rebounded in 2021, winning the Big Ten for the first time since 2004 and earning the school’s first college football playoff bid.

“Last season Jim, the staff and the players delivered a memorable season that will stay with us all for a long time to come.” Michigan athletic director Warde Manuel said. “I have the utmost confidence in the direction of the program under Jim’s leadership.”

The Wolverines (12-2) snapped an eight-game losing streak against Ohio State en route before losing to eventual national champion Georgia in the Orange Bowl.

Harbaugh is 61-24 with four double-digit winning seasons in seven years at his alma mater.

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AP Sports Writer Larry Lage contributed from Zhangjiakou, China.

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