Jim Harbaugh’s Net Worth in 2024: How rich is the Michigan HC?
Learn all about Michigan Wolverines head coach Jim Harbaugh’s impressive net worth, contracts, salaries, bonuses, endorsements and more.
Jim Harbaugh (via Imago)
College football coach and former NFL quarterback Jim Harbaugh is now with the Michigan Wolverines. Harbaugh is one of the most prominent coaches in the collegiate football circuit and has also had a coaching stint in the NFL. Amid all speculations regarding the HC’s return to the league, how much fortune has the 60-year-old made in his career and what is Jim Harbaugh’s net worth in 2024?
Originally drafted by the Chicago Bears in the 1987 NFL Draft, Harbaugh started his professional career with the franchise where he would go on to play until 1993. Before his NFL career, Harbaugh had played college football at the University of Michigan between 1983 to 1986. Throughout his 14-season playing career in the NFL, Jim Harbaugh played for multiple teams, including the Indianapolis Colts, Baltimore Ravens, Detroit Lions, and the Carolina Panthers.
Harbaugh’s extensive coaching career has seen him being named the AP College Football Coach of the Year in 2021 and Big Ten Coach of the Year in 2022. Harbaugh was previously in charge of the San Francisco 49ers as head coach between 2011 and 2014. During his time with the 49ers, the HC was named NFL Best Coach of the Year back in 2011.
Now coaching his alma mater, the Michigan Wolverines, Harbaugh is one of the most sought-after coaches in the collegiate football circuit and could be making his return to the NFL as HC. But exactly how much fortune has the former QB made in his career to date? Here’s what you need to know about Jim Harbaugh’s net worth in 2024.
Jim Harbaugh’s Net Worth
Collegiate football coach Jim Harbaugh has an estimated net worth of about $35 million in 2024. The former NFL quarterback and coach has made an impressive fortune for himself from his coaching and playing career over the years.
Now in charge of the Michigan Wolverines, Jim Harbaugh has one of the most lucrative contracts among collegiate football coaches. His current contract with Michigan sees him make over $7 million in base salary alone per annum.
Besides his contracts, Jim Harbaugh has partnered with a handful of renowned outlets over the years. His endorsement portfolio includes Downy Wrinkle Guard and Wolverine Boot Company among others. Harbaugh is also one of the highest-paid football coaches through endorsements in the collegiate circuit.
Contracts and Salary
Jim Harbaugh signed a five-year $36.7 million contract with Michigan back in 2022. The contract would see him continue with the Wolverines until the end of 2026.
For the 2022 season, Harbaugh earned a base salary of $7.05 million, which will gradually increase over the course of the five-year contract. There are multiple bonus and incentive options contingent on the performances of the Wolverines.
Harbaugh has been with the Michigan Wolverines since 2015 and is reportedly in talks for an extension, although his contract lasts until the end of 2026. However, there have been reports that multiple NFL franchises are eyeing the HC and could bring him back to the NFL.
Jim Harbaugh has recently bagged about $1.5 million in bonuses as the Wolverines won 26-0 against Iowa in the Big Ten Conference Championship Game. The head coach reportedly received $500,000 as a bonus when his team won the division-deciding game over Ohio State and could make a million more if his team wins the National Championship.
His current contract with Michigan comes with an average salary of $7.6 million per annum, and bonuses range over $1.325 million every year. Jim Harbaugh’s bonuses also add substantially to his overall fortune.
Over the years, Jim Harbaugh has signed with a handful of renowned outlets. His endorsement deals include the Wolverine Boot Company.
The renowned HC has also signed an endorsement deal with Downy Wrinkle Guard, which is a popular liquid fabric conditioner. These endorsements and partnerships add to Jim Harbaugh’s overall net worth, and he is one of the highest-paid coaches from endorsements in the collegiate football circuit.
The Chicago Bears drafted Jim Harbaugh in the 1987 NFL draft.
Jim Harbaugh played quarterback during his playing career in the NFL.
Jim Harbaugh had coached the San Francisco 49ers from 2011 to 2014.
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