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Jim Harbaugh Joins LA Chargers as Second-Highest Paid NFL Coach

Chargers' Franchise Value Soars to $4.15 Billion Amid Major Organizational Overhaul

  • Jim Harbaugh has been signed as the new head coach for the Los Angeles Chargers, with a five-year contract worth $16 million annually, making him the NFL's second-highest paid coach.
  • The Chargers' franchise value has soared to $4.15 billion as of August 2023, providing financial stability despite the high cost of Harbaugh's contract.
  • Harbaugh's hiring comes as part of a massive offseason organizational overhaul by the Chargers, following a disappointing 5-12 record last season.
  • Harbaugh, who recently led the Michigan Wolverines to a national title, is expected to bring his successful track record to the Chargers in their pursuit of a Super Bowl championship.
  • New Chargers general manager Joe Horitz, formerly of the Baltimore Ravens, will oversee all player personnel and scouting matters.
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