Michigan Head Football Coach Jim Harbaugh Signs 4-Year Extension

ANN ARBOR, MI — Michigan head football coach Jim Harbaugh has signed a 4-year extension to stay with the university, according to multiple reports.

Harbaugh, 57, will have a $4 million salary that could increase to up to $8 million per season through incentives, according to reports. Prior to extending Harbaugh through 2025, the coach's contract was set to expire following the 2021 season.

"I continue to believe that Jim is the right man to lead our program in pursuit of Big Ten and CFP championships," Michigan Athletic Director Warde Manuel said in a statement. "Our program didn't achieve at a level that anyone expected this year, but I know those setbacks will drive the coaches, players and staff moving forward. Jim is a tireless worker and competitor. Following the completion of the season we talked for many hours on what it will take for Jim to lead and get us back on the right trajectory.

The former Wolverines quarterback is 49-22 in six seasons at the helm of one of the nation's most reputable football programs, but that record is tarnished by an o-5 record against arch-rival Ohio State and a 3-3 record against in-star foe Michigan State.

"There is work to be done and challenges to be addressed. These challenges are being addressed as we continue to strive for excellence in the classroom and championships on the field, a message that I hope is noted in the language of our agreed-upon contract," Harbaugh said in a statement.

There had been speculation that Harbaugh would return to the NFL, where he had success as the head coach of the San Fransisco 49ers, posting a 44-19 record over four seasons, including a trip to a Super Bowl.