Michigan and football coach Jim Harbaugh agreed to a contract amendment that will increase total payments from the school to $9 million in 2016.In addition to paying a $5 million salary for each of the remaining six years on his deal, Michigan also will loan Harbaugh $4 million in 2016 and an additional $2 million for the following five years to pay the premium on a life insurance policy. The first $2 million loan was made June 3, according to records obtained Wednesday via a Freedom of Information Act request. Each additional $2 million payment will be made in December starting later this year.As long as the insurance policy stays active, Harbaugh does not need to repay the loan until he dies. At that time, the university can recoup its original investment and the rest of the insurance payout would go to whomever Harbaugh chooses as his beneficiaries. Should the policy be stopped at any point, Michigan would still be entitled to get its money back from the insurer.The deal insures that Harbaughs heirs, should he die while Michigan is paying for the policy, will get no less than 150 percent of the premium that has been paid, increasing the payout by $6 million in 2016 and $3 million each successive year.The 150 percent clause protects the university as well. Harbaugh is allowed to borrow against the policy while he is living but has to keep at least 150 percent of the premium value untouched, which gives the school a cushion to make sure it gets its investment back.Harbaughs original seven-year contract with the school allowed for the parties to sit down and discuss additional compensation after the coach finished his first season with the Wolverines.Those discussions started under interim athletic director Jim Hackett in December. Hackett, the former CEO of Steelcase furniture, laid the groundwork for this deal, which a source at Michigan explained is a more commonplace form of deferred compensation in the corporate world.New athletic director Warde Manuel had said in March that the amendment to Harbaughs contract was nearing completion. The two sides officially came to an agreement June 3.If Harbaugh decides to leave the school or is fired, the university will stop providing the loans for insurance premium payments. If the insurance policy is canceled for any reason after that point, Harbaugh will need to pay back the money Michigan loaned him.Harbaughs contract and this amendment are both set to expire in December 2021. There is a clause in the deal that allows the two sides to renegotiate after his fifth season in order to make sure Harbaughs salary still meets market value.ESPN senior writer Darren Rovell contributed to this report. C.J. Anderson Jersey . In taking its goal tally to 99 in all competitions already this season, City delivered another demonstration of its lethal firepower at Etihad Stadium to set up a fourth-round match at home to another second-tier team -- Watford. Brandon Marshall Jersey . -- Ty Montgomery had 290 all-purpose yards and two touchdowns, and fifth-ranked Stanford held on to beat No. http://www.authenticnflshopbroncos.com/authentic-garett-bolles-jersey.html . LOUIS -- Attorneys for the St. Adam Gotsis Jersey . Arsenal failed to take full advantage of its main rivals stumbles on Saturday as substitute Gerard Deulofeu levelled with a hard shot from a tight angle in the 84th minute to give Everton a deserved point. Ahead of a crucial fortnight that will see them play against Napoli in the Champions League, Manchester City and Chelsea, Arsenal leads by five points ahead of Liverpool and Chelsea. Shannon Sharpe Jersey . -- Jonathan Drouin gave Halifax the boost it needed to edge host Sherbrooke Phoenix 3-2 in a shootout in Quebec Major Junior Hockey League action. SUNDERLAND, England -- Leicester lost for the seventh time in 14 matches of its stumbling Premier League title defense, slumping to a 2-1 defeat at Sunderland on Saturday.Jermain Defoes eighth goal of the season ultimately condemned Leicester to its latest loss that kept the champions two points above the bottom three.Sunderland is still in the relegation zone despite winning three of its last four games.Defoe struck in the 77th minute after Robert Huths own goal gave the home side the lead at Stadium of Light in the 64th.ddddddddddddSubstitute Shinji Okazaki pulled a goal back for the visitors in the 80th, which still cannot transfer its Champions League form to the Premier League. Leicester has qualified for the knockout stage of its first Champions League campaign with a group game to spare. Cheap Jerseys China NFL Jerseys Wholesale Jerseys From China China Jerseys Cheap Cheap Jerseys Online Jerseys Wholesale Wholesale Jerseys China ' ' '