Michigan and head football coach Jim Harbaugh agreed to a contract amendment which will increase his total compensation but comes in the form of an insurance loan.
According to records via a Freedom of Information Act request obtained by ESPN.com, Harbaugh will be paid $9 million for the upcoming season.
The second-year coach will continue to be paid his $5 million salary until his contract ends in 2021, but the school will loan him $4 million in this season plus another $2 million for the following five years that will pay for the premium on a life insurance policy.