Jim Harbaugh's Contract: The Major Details

Jim Harbaugh is Michigan's new football coach. The terms of his contract are below. For a deeper look at Harbaugh to Michigan, get the Wolverines iPhone app here.

Seven-year contract, $5 million annually with 10 percent increases after years 3 and 5.

Incentive payments based on performance related to Big Ten championships, bowl appearances, coaching awards and team academic performance.

Conference Performance:

- Team plays in Big Ten Championship game: $125,000

- or Team wins Big Ten Championship game: $250,000

Post-Season Performance:

- Team plays in Bowl Game selected by College Football Playoff Selection Committee: $200,000

- or Team plays in four-team College Football Playoff Game: $300,000

Team wins National Championship Game: $500,000

Coach of the Year:

- Big Ten Coach of the Year (by vote of Big Ten coaches): $50,000

- Associated Press, Paul "Bear" Bryant, Sporting News, Walter Camp, Maxwell Football Club, or ABC/ESPN National Coach of the Year (can only achieve one per year): $75,000

Academic Performance:

- Academic Progress Rate (APR) of 960 or higher (both multi and single year calculation): up to $150,000 per year

- $2 million signing bonus

Following review by the athletic director on the progress of the football program after the 2015 season, the University of Michigan will determine an appropriate deferred compensation arrangement.

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