Current:Home > StocksJim Harbaugh, even suspended, earns $500,000 bonus for Michigan's defeat of Ohio State-DB Wealth Institute B2 Reviews & Ratings
Jim Harbaugh, even suspended, earns $500,000 bonus for Michigan's defeat of Ohio State
lotradecoin fees View Date:2024-12-26 05:02:57
Even though Michigan football coach Jim Harbaugh was serving the third game of a three-game suspension Saturday, he will get a $500,000 bonus for the Wolverines defeating Ohio State 30-24 for the Big Ten Conference East Division title and a place in the conference championship game, his contract with the school shows.
The Big Ten suspended Harbaugh for the remainder of the regular season on Nov. 10 for his role in the program's sign-stealing scandal.
The conference found Michigan “in violation of the Big Ten Sportsmanship Policy for conducting an impermissible, in-person scouting operation over multiple years, resulting in an unfair competitive advantage that compromised the integrity of competition.”
In addition to Saturday’s, Harbaugh was not allowed to attend Michigan’s games at Penn State and at Maryland. But he was able to attend practices and be involved in preparations.
He can return to the sideline for the conference title game next Saturday, when the No. 3-ranked Wolverines (12-0, 9-0 Big Ten) will play Iowa (10-2, 7-2) in Indianapolis. If Michigan wins that game, Harbaugh will be set to receive another $1.5 million in bonuses -- $1 million for winning the Big Ten championship and $500,000 for the team all but assuredly getting a spot in the College Football Playoff semifinals.
Harbaugh’s contract with Michigan says that if the team reaches certain performance goals and Harbaugh “remains employed as head coach at the time of the applicable game,” he gets the prescribed bonus.
The agreement also says Harbaugh “will have earned and fully vested in any of the performance payments … at the time that the relevant game is played”.
The contract does not include any language about Harbaugh having to actually be on the sideline for a game in which the team reaches an achievement that results in a bonus.
In response to an inquiry earlier this week from USA TODAY Sports about Harbaugh’s bonuses, Michigan athletics spokesman Kurt Svoboda said via email: “We plan on honoring the terms of the contract.”
Some schools’ contracts with their head coach require the coach to actually coach the team in a game that results in a bonus – particularly when it comes to conference championship games and bowl games. For example, Houston’s agreement with Dana Holgorsen specifically says that for him to receive bonuses for the team’s participation in a conference championship game or in a bowl game, he must coach the team in the game.
Harbaugh’s agreement with Michigan states that if the school fires him without cause, it would have to pay him a prescribed buyout, but that: “In no case shall the University be liable for the loss of any base salary, additional compensation, bonus payments …”
However, if Harbaugh was fired for cause, he would be “paid any Annual Base Salary and Additional Compensation accrued but unpaid (and any performance bonuses earned but unpaid) prior to termination.”
If Harbaugh terminates the deal, all payments cease upon termination “[e]xcept for payment of any Base Compensation, Additional Compensation, Team Performance Bonuses earned, but unpaid, as of the effective date of termination”.
Contributing: Paul Myerberg
veryGood! (45112)
Related
- Jackson City Councilwoman Angelique Lee resigns after federal bribery charge
- Opinion: Texas proves it's way more SEC-ready than Oklahoma in Red River rout
- Urban Outfitters Apologizes for High Prices and Lowers Costs on 100 Styles
- Forget the hot takes: MLB's new playoff system is working out just fine
- Wildfires are growing under climate change, and their smoke threatens farmworkers, study says
- The DNC wants to woo NFL fans in battleground states. Here's how they'll try.
- Bath & Body Works candle removed from stores when some say it looks like KKK hood
- Florida power outage map: More than 400,000 still in the dark in Hurricane Milton aftermath
- Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
- Profiles in clean energy: Once incarcerated, expert moves students into climate-solution careers
Ranking
- 'RuPaul's Drag Race Global All Stars': Premiere date, cast, where to watch and stream
- Sacha Baron Cohen talks disappearing into 'cruel' new role for TV show 'Disclaimer'
- ‘Legacy’ Forests. ‘Restoration’ Logging. The New Jargon of Conservation Is Awash in Ambiguity. And Politics
- Kylie Jenner and Timothée Chalamet Spotted on Dinner Date in Rare Sighting
- What to stream: Post Malone goes country, Sydney Sweeney plays a nun and Madden 25 hits the field
- Spike Lee’s 1st trip, Michael Jordan’s welcome to newcomers and more from basketball Hall of Fame
- Giants vs. Bengals live updates: Picks, TV info for Week 6 'Sunday Night Football' game
- Country singer Brantley Gilbert pauses show as wife gives birth on tour bus
Recommendation
-
51 Must-Try Stress Relief & Self-Care Products for National Relaxation Day (& National Wellness Month)
-
Ruth Chepngetich smashes woman's world record at Chicago Marathon
-
Country Singer Brantley Gilbert’s Wife Amber Gives Birth to Baby on Tour Bus Mid-Show
-
Christian Pulisic, Weston McKennie to miss USMNT's game against Mexico as precaution
-
Streamer stayed awake for 12 days straight to break a world record that doesn't exist
-
Who plays on Monday Night Football? Breaking down Week 6 matchup
-
25 Shocking Secrets About Pulp Fiction Revealed
-
Week 6 fantasy football rankings: PPR, half-PPR and standard leagues