Jim Harbaugh’s approval rating at Michigan is through the roof coming off the team’s huge win over Ohio State, and fans will likely appreciate the coach even more when they hear about the classy decision he has made with his contract.
Harbaugh signed a four-year contract extension with Michigan back in January that includes far less guaranteed money than the top coaches in college football. His guaranteed money for 2021 is $4 million, but he has the ability to earn roughly $4 million more in incentives. Even if he earns all of that money, however, Harbaugh is not planning to keep it.
Harbaugh announced this week that he will give any bonus money he earns back to Michigan’s athletic department. He wants to help alleviate some of the hardships that were caused last year amid the COVID-19 pandemic.
You could argue that $4 million is more than enough money, but Harbaugh is under no obligation to give anything back. He’s making less than half of what the highest-paid coaches in the country are earning this year, and Michigan is one of the best teams in the country and on the verge of a College Football Playoff berth.
Harbaugh went just 11-8 from 2019-2020, which is one of the reasons he took a pay cut. He has proven this season that he probably deserves to be paid more, but he’s giving money back. Between that gesture and the awesome quote he delivered after beating Ohio State, Harbaugh has never been more popular among Wolverines fans.
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