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.