In the worlds of the NFL and college football, Jim Harbaugh is a name that requires little to no introduction. He has extensive coaching experience at both levels and has long been in demand in football. Harbaugh has a great coaching mentality and an unmatched ability to develop young talent into a star.
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He played college football at Michigan from 1983 to 1986. From 1987 to 2000, he played 14 seasons in the National Football League (NFL) with the Chicago Bears. He was the head coach of the San Diego Toreros (2004-2006), Stanford Cardinal (2007-2010), and San Francisco 49ers of the National Football League (2011–2014). In 2015, Harbaugh returned to his alma mater, the University of Michigan.
After flirting with the NFL during the offseason, Michigan coach Jim Harbaugh has agreed to a new five-year, $36.7 million contract with the Wolverines. Harbaugh’s new contract re-establishes him as one of college football’s highest-paid coaches.
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Jim Harbaugh’s Net Worth
Jim Harbaugh earns a base salary of $5 million per year and has a net worth of $35 million. Jim Harbaugh signed a five-year, over $36 million contract on February 15, 2022. Starting at $7.05 million in 2022, his annual salary rises steadily to $7.63 million in 2026. Overall, it represents a raise of more than $3 million from his base salary in 2021.
The agreement offers several incentives. Harbaugh will receive $1 million if his team wins the Big Ten or a national championship. A Big Ten East championship and a spot in a national semifinal will each bring in $500,000, and Harbaugh will receive $200,000 for making it to the New Year’s Six (without winning the division).
If the Big Ten coaches choose Harbaugh as their conference’s coach of the year, he will receive $50,000, and if one of the major voting organizations chooses him as one of the national coaches of the year, he will receive another $75,000.
Jim Harbaugh and the Wolverines won the Big Ten Championship for the second year in a row, defeating the Purdue Boilermakers. They would, however, lose to TCU in the Fiesta Bowl to end their season. As head coach, the former Michigan quarterback has a 74-25 (.747) record with his alma mater.
