• Loading stock data...
Monday, February 24, 2025

All the Money Involved in Jim Harbaugh’s NFL Move

  • Head coach signed a five-year contract late on Wednesday to leave Michigan for the L.A. Chargers.
  • The school had tried to keep him by offering the largest salary of any college football coach.
Michigan head coach Jim Harbaugh waves at fans during the National Championship parade in Ann Arbor on Saturday, Jan. 13, 2024.
Junfu Han / USA TODAY NETWORK

Jim Harbaugh is making his return to the NFL, with the Los Angeles Chargers announcing on Wednesday night they have hired Michigan’s championship-winning leader for their head coaching position.

Before he ultimately left, Michigan tried to make Harbaugh the highest-paid coach in college football, offering him $11.5 million annually for six years to keep him in Ann Arbor, according to the Associated Press. FOS reported in October that Harbaugh had been college’s 13th-highest paid coach, at $8.3 million, trailing now-retired Alabama coach Nick Saban, at $11.4 million, Clemson’s Dabo Swinney, at $10.9 million, and 10 others.

Los Angeles gave its new coach a five-year deal, ESPN’s Adam Schefter reported. The exact dollar figure tied to that pact isn’t yet public, but it’s likely to land close to or even above the lucrative Michigan offer that Harbaugh walked away from. For context, his brother John Harbaugh is one of the highest-paid coaches in the NFL, reportedly taking home $12 million per year with the Ravens. Bill Belichick previously led the league in annual salary, which reportedly sat at $25 million before his split from the New England Patriots.

Michigan is now owed $1.5 million as part of Harbaugh’s buy-out, an easy feat for the franchise, according to a contract obtained by USA Today. Compare that to other notable coaching buyouts this offseason: Washington owes Arizona $5.5 million for hiring away Jedd Fisch—but the CFP National Championship runners-up will collect $12 million from Alabama, who hired away Kalen DeBoer.

Harbaugh earlier this month led Michigan to a national title over Washington. He served as head coach of the San Francisco 49ers from 2011 through ’14 before taking the job in Ann Arbor.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Feb 3, 2025; New Orleans, LA, USA; Super Bowl LIX signage at the Hyatt Hotel.

New Orleans Home Rentals Skyrocket Around Super Bowl

Short-term rental revenue has already reached $10.5 million.

Fox Reports Big Sports Profits, Eyes New Streaming Service

Football and baseball helped power surges in company revenue and net income.

NFL Aims for Eight International Games in 2025 but May Fall Short

The league wanted to expand from five to eight international games next season.
Feb 2, 2025; Orlando, FL, USA; AFC wide receiver Brian Thomas Jr. of the Jacksonville Jaguars (7) carries the ball against NFC return specialist KaVontae Turpin of the Dallas Cowboys (9) during the 2025 Pro Bowl Games at Camping World Stadium.

NFL Pro Bowl Ratings Drop Again Despite Flag Football Push

ABC, ESPN, and Disney XD drew 4.7 million viewers for Sunday’s simulcast.

Featured Today

‘Ultimate Throwback’: The Unimpeachable Cool of Hartford Whalers Gear

Nostalgia and street cred have driven a consistent frenzy for merch.
January 20, 2024; Santa Clara, CA, USA; Kristin Juszczyk, wife of San Francisco 49ers fullback Kyle Juszczyk (44), before a 2024 NFC divisional round game against the Green Bay Packers at Levi's Stadium.
February 1, 2025

The New WAGs: Sports Wives Building Business Empires

Athletes’ wives and girlfriends are bucking stereotypes and cashing in.
Feb 3, 2019; Berkeley, CA, USA; California Golden Bears mascot dances on the court during a stoppage in play in the second half against the Stanford Cardinal at Haas Pavilion.
January 31, 2025

The Toll of Bicoastal Travel on New ACC Members Cal and Stanford

Cal and Stanford face missed flights, chaotic sleep schedules, and academic demands.
January 28, 2025

It’s Starting to Pay to Be Good at Cornhole

American Cornhole League players made $7.7 million in 2024.

Chip Kelly’s $6M Salary Latest Sign of Exploding Coordinator Pay

The playcaller is leaving Ohio State to return to the NFL.
Ben Johnson
January 20, 2025

Bears Beat Out Tom Brady’s Raiders For Ben Johnson

Now the NFL coaching carousel is going to start spinning.
Trent Baalke
January 22, 2025

Trent Baalke Out As Jaguars GM After Scaring Off Head Coach Candidates

At least three coaches were uninterested in working with Baalke.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Jan 9, 2025; Columbia, South Carolina, USA; South Carolina Gamecocks head coach Dawn Staley directs her team against the Texas A&M Aggies in the first half at Colonial Life Arena.
January 17, 2025

South Carolina Makes Dawn Staley Highest-Paid Women’s College Basketball Coach

The new contract runs through 2030 and is worth more than $25 million total.
Dec 29, 2024; Philadelphia, Pennsylvania, USA; Dallas Cowboys head coach Mike McCarthy on the sidelines against the Philadelphia Eagles at Lincoln Financial Field.
January 15, 2025

How NFL Agents Spend Months Scripting Coach Interviews

A deep knowledge of analytics has become a must with many teams.
January 14, 2025

Deion Sanders Leaving Colorado for Cowboys Would Be Expensive

Sanders spoke to Cowboys owner Jerry Jones about the opening.
January 12, 2025

Vrabel Returns to Patriots as NFL Coaching Carousel Begins to Spin

The Patriots hired Mike Vrabel as their next head coach.