Jim Harbaugh has reached a contract extension to remain Michigan's football coach through the 2025 season, athletic director Warde Manuel announced Friday.
A source confirmed to ESPN that the new deal includes a lower base salary and many performance incentives. Harbaugh had one year left on his initial contract at Michigan, which paid the coach slightly over $8 million in 2020.
"I continue to believe that Jim is the right man to lead our program in pursuit of Big Ten and CFP championships," 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.