Current:Home > StocksJim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers -Excel Wealth Summit
Jim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers
View
Date:2025-04-14 01:44:09
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! (4)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Unveiling AEQG: The Next Frontier in Cryptocurrency
- Donald Trump Speaks Out Nearly 2 Months After Assassination Attempt
- Michael Kors Designer Bag Sale: Snag a $378 Crossbody for $55 & Other Under $100 Deals on Fall Styles
- Arkansas State Police probe death of woman found after officer
- 3 missing in Connecticut town after boating accident
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, This is the Best Day
- Rory Feek Denies “Cult” Ties and Allegations of Endangering Daughter Indiana
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Real Housewives of Beverly Hills Star Kyle Richards Says This $29.98 Bikini Looks Like a Chanel Dupe
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Sicily Yacht Tragedy: Autopsy Reveals Passengers Christopher and Neda Morvillo Drowned Together
- Sicily Yacht Tragedy: Autopsy Reveals Passengers Christopher and Neda Morvillo Drowned Together
- Suspect arrested in killing of gymnastics champion at University of Wisconsin-Whitewater
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- George and Amal Clooney walk red carpet with Brad Pitt and Ines de Ramon
- Kathryn Hahn Shares What Got Her Kids “Psyched” About Her Marvel Role
- Murder on Music Row: An off-key singer with $10K to burn helped solve a Nashville murder
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Food inflation: As grocery prices continue to soar, see which states, cities have it worse
Congo says at least 129 people died during an attempted jailbreak, most of them in a stampede
Emma Navarro reaches her first major semifinal, beats Paula Badosa at the US Open
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Why quercetin is good for you and how to get it in your diet
Commander of Navy warship relieved of duty months after backward rifle scope photo flap
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, This is the Best Day