His pay was cut in half, right. Down to $4mm guaranteed from $8mm this year. He can bonus up and get to $7.5 or so but that requires him to win the conference and the CFP championship in order to get the max. Iām not worried about them doing that... the win for the university (and loss for the rest of the conference) is they buyout went down to $4mm for 2021. And $1mm any year after that. I bet they enact this during the season next year after a bad start. Allows the school to be more flexible with him and saves them millions of dollars whether he stays or goes.
How many of you love your job so much youād take a 50% pay cut next year and give away a golden parachute? Not me!
From ESPN ā Harbaugh's new contract will pay him a base salary of $4 million in 2021, which will increase to $4.426 million in 2025. He can earn a maximum bonus of $3.475 million in each year of the contract, including $1 million bonuses for winning the Big Ten championship and the College Football Playoff National Championship, and $500,000 bonuses for winning the Big Ten East Division and reaching the CFP..ā