Cowherd: Broncos going to offer JH $20 million/yr
January 3rd, 2023 at 1:51 PM ^
Lololol. At that point, take it. He has my blessing.
January 3rd, 2023 at 1:56 PM ^
How much money does a person need?
January 3rd, 2023 at 2:22 PM ^
A lot, if one thinks in terms of generational wealth.
January 3rd, 2023 at 2:30 PM ^
How many generations we talking here -- extending out until the heat death of the sun?
January 3rd, 2023 at 2:41 PM ^
well, considering inflation etc., most "generational wealth" lasts 3 generations or less.
so, making sure his grandkids are set up and that's about it
January 3rd, 2023 at 2:48 PM ^
First generation makes it. Second generation expands or maintains it. Third generation pisses it away.
The only exceptions are for people who inherit a title with their money. And even they have to marry into more money pretty often to keep the whole show going.
January 3rd, 2023 at 3:23 PM ^
Best way I've heard it said:
3 generations shovel to shovel.
January 3rd, 2023 at 3:42 PM ^
My Soc teacher taught this way....
Generational wealth goes "Short sleeve to long sleeve to short sleeve...."
January 3rd, 2023 at 5:30 PM ^
My mom always said, “Shirtsleeves to shirtsleeves in three generations.”
People dressed differently in those days.
January 3rd, 2023 at 4:10 PM ^
Jim's older brother is already earning $12.5 million. The NFL is where it's at in coaching salaries with Bill Belichick the highest paid at $20 million followed by Pete Carroll at $15 million and Sean McVay at $14.6 million.
Harbaugh like his brother has a better track record than a lot of young coordinators now being pushed and prodded into NFL head coaching jobs. So, $20 million is just a pace setting offer at this point for a pretty certain coaching commodity.
January 3rd, 2023 at 4:50 PM ^
Harbaugh's likely to have a lot of grandkids...
January 3rd, 2023 at 2:41 PM ^
well, considering inflation etc., most "generational wealth" lasts 3 generations or less.
so, making sure his grandkids are set up and that's about it
January 3rd, 2023 at 4:37 PM ^
I laffed. Hard.
January 3rd, 2023 at 6:01 PM ^
Isn’t that like in ten years?
January 3rd, 2023 at 3:08 PM ^
Here's what I don't understand about "generational wealth". I'll preface this by saying that my grandfather on my mom's side comes from a very wealthy and very large family. To put it into context, my grandfather is cousins with a former US President. Also, my father sold a small automotive company about 10 years ago. Nothing compared to what my mom's side had, but still pretty good.
My parents stated that generational wealth is not about having so much money that you and your kids don't have to work. Its about having enough money so that your progeny don't have to worry about running out of money and the risks associated with being broke. Everyone in my family was expected to get an education, work and support themselves. Some had trust funds (I did not FYI).
My point, Harbaugh has made enough for the whole "generational wealth" thing to work just fine.
January 3rd, 2023 at 3:16 PM ^
That's a pretty American definition of generational wealth. In Europe it has traditionally meant that there's enough money that you don't have to work in the traditional sense. The estate (land, cash, other assets) earns enough passive income to sustain the family, absent any major catastropic event. People are expected to get an education, and contribute to the fortune in some way, but it's not necessary.
January 3rd, 2023 at 3:46 PM ^
Well, I would say the it is a "WindyCityBlue" take on generational wealth. I now live in the north shores of Chicago and there are definitely some families that don't really work, at least not a standard 40 hour work week. I also have a close cousin who hasn't worked a day since 2008. So perhaps both Americans and Europeans have the same view on this topic.
My parents state that any family money is not for me to simply withdraw when I want. It's there in a time of need or a time of opportunity.
January 3rd, 2023 at 4:20 PM ^
He already has more than enough with a few simple and easy investments in index funds.
January 3rd, 2023 at 4:22 PM ^
To quote Chris Rock:
"What's the difference [between 'rich' and 'wealthy']?
Shaq is rich.
The white man who signs his check is wealthy."
January 3rd, 2023 at 6:36 PM ^
No. Shaq is wealthy too! In fact, very wealthy!
January 3rd, 2023 at 2:30 PM ^
Different number for everyone. If he plans to give away 90% to charity then he should take as much as he can get.
That being said, that is a dubious and outrageous number - isn't that basically 2x what any other coach makes at any level. Maybe my math is wrong but it seems fanciful.
January 3rd, 2023 at 2:50 PM ^
If he makes $7 - $8 mil a year, he and his offspring are set for life unless they decide to live a tycoon's lifestyle with yachts in different ports, private jets, multiple homes, etc.....which doesn't strike me as JH's style.
January 3rd, 2023 at 10:29 PM ^
I get when ppl say this but let’s be real…majority of us would take a 250% increase to our yearly salaries with no problem and no questions asked. I’ve never witnessed a business person say “hey I know I have a good way(legally) to increase my wealth but nah I won’t because I already have too much money”. This only applies in the world of sports, where we think ppl should stop making as much as they can for our own personal interest. If the Broncos are offering $20M he’d be a fool not to take it.
January 3rd, 2023 at 2:57 PM ^
Imagine all the NIL money he can give back. Jim is doing it for the program
January 3rd, 2023 at 3:52 PM ^
The more you make the more you'll spend. Trust me, well if you're married.
January 3rd, 2023 at 5:59 PM ^
I'd love to answer this question, but I haven't found out yet.
January 3rd, 2023 at 3:17 PM ^
Let's ride!
January 3rd, 2023 at 1:52 PM ^
Everyone has a source now. I hate modern media.
January 3rd, 2023 at 1:52 PM ^
nobody would blame him for taking that tbh
January 3rd, 2023 at 2:10 PM ^
Without speculating about any rumors specifically, a double offer than anyone else is the only reason to take that Denver job (over other NFL offers or staying at Michigan). You're getting hired to get fired there. A terrible team with zero prospects of being good anytime soon.
January 3rd, 2023 at 2:27 PM ^
That’s what people said when he took the SF job. JH could have Denver in a superbowl in 3-4 years
January 3rd, 2023 at 3:22 PM ^
As a reminder, the Broncos have ZERO first and ZERO second round picks in '23 and '24.
If Jim Harbaugh could overcome that situation and still win a Super Bowl with the dessicated corpse that is Russell Wilson, he'd be the greatest pro football coach of all-time.
January 3rd, 2023 at 5:50 PM ^
I don't remember it that way at all. For years before Harbaugh came in, people said that SF was a team with a lot of talent that should be making the playoffs, but wasn't.
January 3rd, 2023 at 2:50 PM ^
I probably would but I have a different view of making that amount of money than most people.
January 3rd, 2023 at 2:00 PM ^
Sparty can kiss my ass.
January 3rd, 2023 at 2:25 PM ^
XM - you have been one of the most ardent "he aint leaving" guys here on the board for the past two years and have consistently attributed these type of stories as being nothing more than clickbate.
Are you still there? And if not, what's changed in your opinion from the Jim Harbaugh telling the world "I'll coach Michigan as long as they'll have me" last year.
January 3rd, 2023 at 2:49 PM ^
first, happy new year mgrow. hope you and stick-figure angel wife are doing great.
as to your question, i still think he stays. that said, i do and always have acknowledged a non-zero chance that he might not. i take him on his word that he's done chasing the NFL. i have not inquired of my sources about any of this, it just feels like a high school drama and i want nothing to do with making it worse.
one thing i would mention, though not in response to your question, is how we as a fan base are reacting. with no substance other than what amounts to third hand, unsourced rumors, folks around here are demanding that harbaugh resign at this point. think about that: the greatest coach we've had in my lifetime, better than bo, yet any source of rumor is enough for folks to start screaming. it is weak beyond description and actually makes our 'enemies' cackle with glee - that's all it takes for the michigan fan base to go nuclear.
shame on us. i wish jim the best no matter what he does. we are treating him like crap because of unsubstantiated cow manure.
January 3rd, 2023 at 2:52 PM ^
This surprises you after how we (over)react to losses?
January 3rd, 2023 at 2:57 PM ^
surprises me in the duration, intensity and depth of whining and hand-wringing, not the existence thereof.
January 3rd, 2023 at 5:26 PM ^
Whining and hand wringing? He is doing damage to the program right now. Unless you think recruiting does not matter, but the university spends millions on recruiting so we know it matters.
In what workplace could you sabotage a department so badly and not possibly be fired? I don't care what your title is, at that point it should be your ass.
January 3rd, 2023 at 7:38 PM ^
Most people don’t think or see the situation as you do. If any elite prospects are scared off by rumors of a coach getting offers after back to back CFP appearances, then I have news for these recruits you imagine: every successful person is a wanted commodity, including themselves. If their minds are swayed by the mere gossip that exists in our gossip-24/7 epoch, they’re probably not tough enough mentally to live up to their own star ratings, and this are not going to “ruin” recruiting at Michigan by going somewhere else in their fickleness.
January 3rd, 2023 at 2:58 PM ^
surprises? probably not..... disappoints? likely....
consider the way Coach B was talked about every season 1 month in when the team looked disjointed and scattered... vs. the way the same jokers talked about Coach B while the boys were hitting their stride two months later..
There's no reaction quite like an over reaction, in this forum.
January 3rd, 2023 at 2:55 PM ^
FWIW, Jim needs to do what's right for him, as we all do. But that doesn't mean I have to kiss him on the way out or overdefend his right to do what's right for him. He can defend himself.
January 3rd, 2023 at 3:35 PM ^
Which is a 100% fine take. But there are literally people on this board calling for him to resign over the mere rumor that he might not immediately turn down an offer that might possibly be made at some indeterminate point. Which is insane.
January 3rd, 2023 at 3:52 PM ^
Probably the same people who were saying Minter should be fired after the TCU loss. Equally insane.
January 3rd, 2023 at 3:03 PM ^
Good point but pretty sure Broncos fans are no different. What frustrates JH current fan base is he isn’t really saying he’s not going can't blame fans given the impact last year and this on recruiting and team retention. If JH was committed to staying you would think he would come out this week and definitively state he UMs coach this year with zero caveats like he did last time he was asked.
January 3rd, 2023 at 3:37 PM ^
“he isn’t really saying he’s not going”
He hasn’t said anything at all, because these rumors are like a day old and the man just lost an intense CFP game in Arizona 3 days ago.
January 3rd, 2023 at 3:48 PM ^
Really? I don’t think anyone is treating him like crap. He should leave if his heart isn’t in it. Some people are miffed given his statements last year saying he’d stay for how long Michigan would have him.
We just want what’s best for Michigan which would be a “thank you Jim” with smooth transition and possible option to interview external and internal candidates before the ball gets rolling on the 2024 season especially w recruiting.
January 3rd, 2023 at 8:10 PM ^
So that's where the kicking thing sprang from? It is cultural.