• Loading stock data...
Tuesday, April 16, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Harbaugh Could Take Financial Hit Over Michigan Sign-Stealing Reports

  • Michigan has reportedly rescinded a new contract offer for Jim Harbaugh.
  • The Wolverines' football coach currently makes $8.2 million annually.
Syndication: USA TODAY

The accusations of sign-stealing and controversy surrounding the University of Michigan’s football team, which has triggered a variety of hot takes around college football, is now reportedly hitting head coach Jim Harbaugh’s finances.

According to the Wall Street Journal, Michigan has rescinded a new contract offer that would have made Harbaugh the highest-paid coach in the Big Ten. Harbaugh, however, has refuted the report — noting, “I wouldn’t say that’s accurate.”

Harbaugh currently makes a little more than $8 million annually, which ranks 12th in the nation and fourth in the Big Ten. Ohio State coach Ryan Day tops the conference with a $10.27 million annual salary — the fourth-highest in the country.

While exact terms of Harbaugh’s contract offer are unclear, a deal to top all other Big Ten coaches would be close to $11 million.

Back To The Pros?

In recent offseasons, Harbaugh has interviewed for several vacant NFL head coaching jobs, but so far has resisted returning to the professional ranks. He coached the San Francisco 49ers from 2011-2014, earning Coach of the Year honors in 2011 and appearing in Super Bowl XLVII.

However, heading back to the NFL likely would not help Harbaugh avoid potentially penalties from the sign-stealing scandal. If he were suspended by the NCAA and accepted an NFL position, Harbaugh could still be subject to some or all of that punishment, according to NFL.com.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Caitlin Clark Drives Massive WNBA Draft Audience for ESPN

Clark’s coronation was the most-watched WNBA telecast in decades.

The Yankees’ Radio Voice Retires, Ending an Era of Longevity

The longtime Yankees radio announcer was an industry outlier in many respects.

WNBA Draft Fashion Has Come a Long Way From ‘Most Athletic Accountants’ Era

The WNBA draft used to have a strict dress code, a former top pick tells FOS.

Does Golf TV Have A Scottie Scheffler Problem?

Masters ratings were down 20% this year.
podcast thumbnail mobile
Front Office Sports Today

Inside the Most-Hyped WNBA Draft in History

0:00
0:00

Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Nike
Multiple - USA Careers
NBA
Multiple - USA Careers
Dunham's Sports
Multiple - USA Careers

‘Nothing Is Off the Table’: New AAC Commissioner Isn’t Afraid of the Controversial Ideas

Tim Pernetti told reporters he’s specifically interested in private equity—and didn’t rule out athlete employment or unionization models.
April 10, 2024

Stanford’s Tara VanDerveer Retires With ACC Move Looming

She set the all-time coaching record with 1,216 wins.
April 10, 2024

Deion Sanders: NFL Teams Manipulate Draft Positions

Coach Prime joined ‘Front Office Sports Today’ to discuss the state of college football.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 9, 2024

John Calipari’s Kentucky Exit Is As Slow and Awkward As a Dog in a Stroller

Calipari steps away from Kentucky with the Arkansas deal still unofficial.
April 9, 2024

Simultaneous Final Fours: An Untenable Logistical Conundrum

The women’s Final Four has gotten much too big to take place at the exact same time—in a different location—as its men’s counterpart.
April 8, 2024

With Back-To-Back Titles, UConn Proves Basketball Is About More Than Power

Unlike in FBS football, a non-Power 5 basketball school can dominate.
April 8, 2024

South Carolina’s Title Win Smashes Ratings Records in Caitlin Clark’s Finale

The NCAA title game became the most-watched women’s college basketball game.