Bacon Tweets Harbaugh Extension: Process stalled, but trending positively.

Submitted by Lionsfan on December 6th, 2023 at 12:39 PM
https://twitter.com/Johnubacon/status/1732390270770057277

And the second tweet, which UM won't let me embed fancy, so here's the LINK and the old school

 

Now I've been told: "Breakthroughs in the last couple days. Things trending very positively."
Of course, we have heard that before. We know President Ono and the Regents want it done, Jim Stapleton doesn't, and the athletic department has dragged its feet. We'll see what happens

— John U. Bacon (@Johnubacon) December 6, 2023

 

My confusion is why Jim Stapleton has any push or pull at all with regards to Harbaugh's contract, and why Athletics would be dragging their feet on this.

Kapitan Howard

December 6th, 2023 at 1:31 PM ^

It's because of all the elves: just like the ones in Santa's workshop.

In all seriousness, I would suspect being released around Christmas is at least part of why. I have fond memories of seeing these movies with my dad in the theater when I was a teen. Another reason a lot of people watch around the holidays might be the fact that the days are cold and short and a lot of people have the time off to watch 10-12 hours of movies (theatrical vs. extended).

the Glove

December 6th, 2023 at 11:52 AM ^

Bacon’s post seems to be echoed by a paid Athletic article.

“Michigan has been working to extend Jim Harbaugh and make him the Big Ten’s highest paid coach. While there have been bumps in the road, the contract has never been “rescinded,” as some have reported. It’s been paused, and the NCAA investigation has had plenty to do with that. Here’s what we know as of Tuesday (December 5th) Negotiations have been ongoing between the lawyers, and they’re progressing. One source with direct knowledge tells us the board and the rest of the administration continues to be behind Harbaugh and the signing. While a few “outside” influences with ties to the program have apparently been doing what they can to stop it … well, it hasn’t worked. “

https://www.on3.com/teams/michigan-wolverines/news/itf-extra-the-latest-on-jim-harbaughs-contract-extension-dec-5/

KRK

December 6th, 2023 at 1:27 PM ^

You really don't know what rescinded means. If someone rescinds a contract offer, it means it's cancelled or completely withdrawn and you're done. If a job offer gets rescinded, you don't keep negotiating with the person. 

It's completely different than them pausing negotiations or continuing to negotiate while the investigation went on. 

 

 

 

 

KRK

December 6th, 2023 at 2:03 PM ^

I would guess a basic contract was offered (duration, pay, etc.) and the negotiations were around the details and buyout, stuff like that. Jim could have probably signed the first offer and UM would have taken it. But a contract offer like this probably has round after round of negotiations and redlines. Typically what happens is the offering side (UM) sends over a contract to Jim's lawyer that outlines the high-level items they've agreed to already (pay, duration, assistant pool, etc.) then his lawyer sends back other provisions and carveouts that Jim wants. Then once the general terms are all agreed to they haggle over the wording and details. A lawyer could probably tell me there's a different process for this but in large business contracts this is typically how I've seen it handled. So yes, there was an "offer" but that's just the first offer, and no one ever takes the first offer.

Blue69

December 6th, 2023 at 11:55 AM ^

I have worried that Harbaugh is dragging his feet. If Ono and the Regents want it done (and they should), it should get done this week. The longer we wait, the less likely it happens, the harder recruiting is. It is unacceptable for the Athletic Department to undermine recruiting.

 

It'sGreatToBe

December 6th, 2023 at 5:32 PM ^

Unfortunately, I share your pessimism. As a lawyer who negotiates some pretty complex contracts for a living, seeing these positive updates that the contract negotiations are “progressing” for several months are pretty disheartening and make me suspicious it’s a public narrative covering for something else: one of the parties is simply not willing to sign a deal right now. In my view, it would basically be sufficient grounds for a for-cause termination of Warde if the delay is on him — I’m joking . . . but only partially, especially if the Regents and Ono want this done — so I am starting to fear it’s Jim. 

The truth of the matter is that these agreements are simply not that complicated or lengthy to negotiate if the parties wish to do so. An agreement like this can go from delivering a term sheet to execution over a weekend if the parties are motivated. We literally see schools do it with coaches all the time.

I hope I’m wrong and it’s just a matter of Jim and the AD each having the slowest lawyers imaginable on one of their most business critical agreements, but I really can’t imagine that’s the case. We’ll see, I guess.