Jim Harbaugh Will Donate His Bonuses To His Staff That Took Pay-cuts
Is Jim Harbaugh running for office? Perhaps he likes the title of "Mayor of Michigan." Like he's trying to get your vote for favorite Michigander, Harbaugh is doing a nicey-nice.
The University of Michigan head coach and his wife Sara announced that they'll be donating their bonus earnings to staffers who withstood pay-cuts over the past year.
With Harbaugh as the ring leader, The No. 5 Wolverines knocked off the No. 2 Buckeyes this past weekend earning them the Big Ten East title. This decade in the making feat, resulted in a little extra coin for the coach. $500,000!
Will He Earn More Bonuses For More Wins?
If Michigan wins against Iowa in the Big Ten championship game, Harbaugh is set to receive another payload. $1,000,000. This game will be played at Lucas Oil Stadium in Indianapolis on Saturday, Dec. 4 at 8pm. The game is on Fox.
Harbaugh is contracted to earn ANOTHER $1 million if they win the national championship.
If Michigan reaches the College Football Playoff semifinals, he'll receive $500K. $200K if it reaches a New Year's Six bowl game, $150K if it hits an APR target, $75K if he’s named national coach of the year and $50K if he’s named Big Ten coach of the year.
Why Is Harbaugh Giving Away Money?
Harbaugh was the highest paid coach in the Big Ten until last year when his salary was reduced and restructured with an emphasis on incentives. Incentives totaling $4 million.
After the difficult 2020 season, many in the University of Michigan athletics department took a reduction in pay too. Harbaugh is embracing the season of giving with this generous gesture. As of now, the amount of bonus money Harbaugh will distribute to Michigan staffers is still to be determined.
"Whether it's folks that work here in football, or at the ticket department, or baseball coaches, (swimming and diving coach) Mike Bottom. There’s so many people that my wife has gotten very close to, kids have. Really just our family way, our family contribution to those that have had some financial strain through the last 18 months."