Jim Harbaugh is thought to be nearing a deal that would see him appointed as the new head coach of the Los Angeles Chargers.

BREAKING: The #Chargers and Jim Harbaugh have “mostly agreed to in principle when it comes to his salary,” per @Outkick

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Today’s discussions are regarding the team's personnel department, etc.

Jim will be paid more than what Michigan was offering, over 12.5 MILLION DOLLARS. pic.twitter.com/JzErRfd37E

— MLFootball (@_MLFootball) January 23, 2024

OutKick claims NFL sources have told them that a contract between the two parties has been agreed upon in principle where salary is concerned. The Chargers are hoping to iron out other small details when they meet again this week.

BALTIMORE, MARYLAND – JANUARY 20: Head coach Jim Harbaugh of the Michigan Wolverines looks on prior to the AFC Divisional Playoff game between the Baltimore Ravens and the Houston Texans at M&T Bank Stadium on January 20, 2024 in Baltimore, Maryland. Jim’s brother, John is the Raven’s head coach. (Photo by Patrick Smith/Getty Images)

The Jim Harbaugh and Los Angeles Chargers marriage is at the stage where the wedding has already begun.

The sides have already discussed and agreed in principle to basic salary demands. And the parameters are interesting… https://t.co/1jKIz1FVwl

— Armando Salguero (@ArmandoSalguero) January 23, 2024

While it’s still early to say for sure, OutKick reports that negotiations are past the financial stage, while an insider has revealed that, should he join the Chargers, Harbaugh would earn more than the $12.5 million a year Michigan has offered him to stay on as the Wolverines’ head coach.

Still, it is believed that he will be paid less than the $18 million a year his agent Don Yee proposed when talks with the Chargers began.