The University of Michigan on Wednesday reportedly offered 49ers coach Jim Harbaugh $8 million per year to take their head coaching position.
Joe Pequeno of CBS 5 in Arizona first reported the deal on the table for Harbaugh is six years, worth $49 million. Then, the NFL Network’s Ian Rapoport reported Michigan offered Harbaugh six years, $48 million. Adam Schefter of ESPN, cited sources, reported Harbaugh is “considering” the lucrative offer.
A day later, FOX Sports is reporting that is not accurate.
As I said on @FoxSports1 today, I was told by sources the reports on the $8M per offer by #Michigan to Jim Harbaugh are not accurate.— Bruce Feldman (@BruceFeldmanCFB) December 18, 2014
The deal would make Harbaugh the highest-paid coach in all of college football, topping Nick Saban's lucrative $7.1 million salary at Alabama.
The Wolverines have an opening at head coach following the dismissal of Brady Hoke, and find themselves in a long line of suitors interested in Harbaugh's services, which includes, but is not exclusive to, the New York Jets and Oakland Raiders.
[MAIOCCO: Baalke: Harbaugh decision will be made after the season]
There is widespread speculation that Harbaugh will not return to the 49ers in 2015, even though he is under contract for one more season.
Harbaugh attended high school in Ann Arbor before moving to Palo Alto. Then, he starred as a quarterback at Michigan from 1983-1986.
[MAIOCCO: Harbaugh: 'I don't talk any other job than the one I have']
He was named the Big Ten Player of the Year as a senior before being selected in the first round of the 1987 NFL draft by the Chicago Bears. Harbaugh played 14 seasons in the NFL.
Harbaugh's college coaching resume includes three years at the University of San Diego and four seasons at Stanford.