Current:Home > MarketsJim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers -Wealth Evolution Experts
Jim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers
View
Date:2025-04-14 19:06:18
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! (2)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Woman pronounced dead, man airlifted after house explodes in upstate New York
- USWNT starting XI vs. Zambia: Emma Hayes' first lineup for 2024 Paris Olympics
- Yuval Sharon’s contract as Detroit Opera artistic director extended 3 years through 2027-28 season
- Federal hiring is about to get the Trump treatment
- A man got third-degree burns walking on blazing hot sand dunes in Death Valley, rangers say
- Flamin' Hot Cheetos 'inventor' sues Frito-Lay alleging 'smear campaign'
- Get an Extra 40% Off Madewell Sale Styles, 75% Off Lands' End, $1.95 Bath & Body Works Deals & More
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Cindy Crawford Weighs in on Austin Butler’s Elvis Accent
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Transit and environmental advocates sue NY governor over decision to halt Manhattan congestion toll
- Hawaii businessman to forfeit more than $20 million in assets after conviction, jury rules
- Back-to-school shopping 2024 sales tax holidays: Tennessee, Florida and Ohio next up
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Single-engine plane carrying 2 people crashes in Bar Harbor, Maine
- American Olympic officials' shameful behavior ignores doping truth, athletes' concerns
- Rob Lowe’s Son John Owen Shares Why He Had a Mental Breakdown While Working With His Dad
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Polyamory, pregnancy and the truth about what happens when a baby enters the picture
'A beautiful soul': Arizona college student falls to death from Yosemite's Half Dome cables
Gaza war protesters hold a ‘die-in’ near the White House as Netanyahu meets with Biden, Harris
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Recalled Diamond Shruumz edibles now linked to two possible deaths and cases in 28 states
Chicken wings advertised as ‘boneless’ can have bones, Ohio Supreme Court decides
Transit and environmental advocates sue NY governor over decision to halt Manhattan congestion toll