Former San Francisco 49ers head coach Jim Harbaugh will average about $5 million per year with the University of Michigan, not the previously reported $8 million per year.
He will be able to earn more based on incentives. So it is basically nearly the same contract that he had with the 49ers.
This is information comes from Jim Hackett, the University of Michigan athletic director.
BREAKING NEWS: Straight from UM AD Jim Hackett. Harbaugh's salary will be roughly $5M a year, plus incentives, same basic contract as 49ers.— John U. Bacon (@Johnubacon) December 30, 2014