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Report: Jim Harbaugh Met with Broncos Owner Greg Penner, No Contract Materialized

Michigan Wolverines head coach Jim Harbaugh met with Denver Broncos owner Greg Penner last week to discuss the team's vacant head coaching position, but a deal never materialized, according to ESPN's Adam Schefter.

"Although Harbaugh two weeks ago announced he was staying at Michigan, Penner did his due diligence and still traveled to Ann Arbor to meet with the coach in person, like he's done with seven other candidates during the Broncos' head coaching search," Schefter wrote.

One league source also told Schefter that the NFL "will likely move on" from Harbaugh, who "is not likely to have many NFL options in the future.