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CNN reports: Jim Harbaugh to Michigan

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(CNN) — The hottest coaching commodity in all of football is off the market, as Jim Harbaugh has reportedly agreed to become the new head man at the University of Michigan.

ESPN.com’s Adam Schefter and Dan Murphy reported the news, with Albert Breer of NFL.com supporting:

“Michigan has told its biggest boosters that a deal for Jim Harbaugh to become its next head coach is done and that a news conference is scheduled for Tuesday, a source close to Michigan told ESPN NFL Insider Adam Schefter.

Interim athletic director Jim Hackett and other officials from the school met with Harbaugh in California Sunday night after he officially parted ways with the San Francisco 49ers. The agreement reached ended a nearly month-long coaching search in which virtually any conclusion other than landing Harbaugh would have been deemed a disappointment in Ann Arbor.

Details about Harbaugh’s contract weren’t immediately available but reports earlier this month suggested Michigan offered a six-year contract worth at least $48 million.”

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