Current:Home > reviewsJim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers -Blueprint Money Mastery
Jim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers
View
Date:2025-04-19 10:14:18
Jim Harbaugh is headed back to the NFL.
Michigan football's coach since 2015, who just took the Wolverines to a national championship victory this season, was hired by the Los Angeles Chargers on Wednesday night.
Harbaugh, who coached the San Francisco 49ers before heading to Ann Arbor, now owes Michigan a buyout for breaking his contract. Michigan is due $1.5 million for his move to the NFL, a significantly small sum for a NFL franchise to manage.
Harbaugh reportedly was negotiating ways to keep his buyout low with Michigan as the Wolverines tried to keep their coach. But ultimately, he ended up rendering the conversation moot by joining the Chargers.
What are Jim Harbaugh's buyout, contract details?
Harbaugh's buyout to leave Michigan football is $1.5 million, according to the latest copy of the contract obtained by the USA TODAY Network.
For comparison, Kalen DeBoer owed Washington $12 million when he accepted the Alabama job.
When he was negotiating with Michigan, Harbaugh sought a delay in the start of his new contract so as to keep the buyout low.
The terms of Harbaugh's contract with the Chargers are unknown.
veryGood! (79892)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Firefighters battle blaze at Wisconsin railroad tie recycling facility
- The 'girl dinner,' 'I'm just a girl' memes were fun, but has their moment passed?
- Opinion: If you think Auburn won't fire Hugh Freeze in Year 2, you haven't been paying attention
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- A house cheaper than a car? Tiny home for less than $20,000 available on Amazon
- Lady Gaga Details Michael Polansky's Sweet Proposal, Shares Wedding Plans
- Lauryn Hill Sued for Fraud and Breach of Contract by Fugees Bandmate Pras Michel
- Global Warming Set the Stage for Los Angeles Fires
- Woman associated with MS-13 is sentenced to 50 years in prison
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- US stocks drop, oil climbs over Iran strike amid escalating Mideast tensions
- New York City Mayor Eric Adams is due back in court in his criminal case
- Jury at officers’ trial in fatal beating of Tyre Nichols hears instructions ahead of closings
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Andrew Garfield Reveals He's Never Used His Real Voice for a Movie Until Now
- Justin Theroux Gives Shoutout to “Auntie” Jennifer Aniston in Adorable Photo
- Over 340 Big Lots stores set to close: See full list of closures after dozens of locations added
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
FBI will pay $22.6 million to settle female trainees' sex bias claims
FBI will pay $22.6 million to settle female trainees' sex bias claims
Sabrina Carpenter Shares Her Family's Reaction to Her NSFW Performances
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Pennsylvania town grapples with Trump assassination attempt ahead of his return
She lost her job after talking with state auditors. She just won $8.7 million in whistleblower case
Kate Middleton Embraces Teen Photographer Battling Cancer in New Photo