Current:Home > NewsJim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers -Thrive Financial Network
Jim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers
View
Date:2025-04-15 16:41:16
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! (79)
Related
- The Super Bowl could end in a 'three
- More endangered Florida panthers have died in 2024 so far than all of last year: These roadkills are heartbreaking
- Petrochemical company fined more than $30 million for 2019 explosions near Houston
- Ex-Washington state police officer acquitted in Black man’s death files claims alleging defamation
- The Best Stocking Stuffers Under $25
- MIT-educated brothers accused of stealing $25 million in cryptocurrency in 12 seconds in Ethereum blockchain scheme
- Japanese town blocks view of Mt. Fuji to deter hordes of tourists
- A Minnesota city will rewrite an anti-crime law seen as harming mentally ill residents
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Asian American, Pacific Islander Latinos in the US see exponential growth, new analysis says
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Americans in alleged Congo coup plot formed an unlikely band
- Tornado kills multiple people in Iowa as powerful storms again tear through Midwest
- Brittany Cartwright Slams Ex Jax Taylor for Criticizing Her Drinking Habits
- Former Syrian official arrested in California who oversaw prison charged with torture
- The Real Story Behind Why Kim Kardashian Got Booed at Tom Brady's Roast
- Stock market today: Asian shares edge lower after Wall Street sets more records
- Will Smith Shares Son Trey's Honest Reaction to His Movies
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Misa Hylton, Diddy's ex, speaks out after Cassie video: 'I know exactly how she feels'
Flight attendant or drug smuggler? Feds charge another air crew member in illicit schemes
Ex-Southern Baptist seminary administrator charged with falsifying records in DOJ inquiry
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Meet NASCAR Hall of Fame's 2025 class: Carl Edwards, Ricky Rudd and Ralph Moody
He traced his stolen iPhone to the wrong home and set it on fire killing 5. Now, he faces prison.
Effort to ID thousands of bones found in Indiana pushes late businessman’s presumed victims to 13