247Sports: Jim Harbaugh signed a contract extension with Michigan that is officially a five-year deal worth $21 million. It’s a deal packed with huge incentives that could earn Harbaugh up to $8 million per season tied to winning Big Ten titles and appearing in the College Football Playoff.
Harbaugh was the highest paid head coach in the Big Ten since his arrival at Michigan, earning an $8 million base salary. He certainly takes a pay cut with this deal.
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