Michigan coach Jim Harbaugh's freshly signed five-year contract will pay $7.05 million in base salary the first season with performance-based bonuses that could reach $3.125 million. His buyout will decrease from $3 million this first year to $750,000 in the final year.
The contract that runs through the 2026 season was signed Wednesday and released Thursday and obtained by The Detroit News through an open-records request. In Year 5, Harbaugh's base salary will be $7.62 million.
Harbaugh also will receive $1 million in deferred compensation for his annual supplemental contribution retirement plan.
