Not so fast, Michigan fans.

Sources told Adam Schefter of ESPN that if Jim Harbaugh rallies his San Francisco 49ers and makes the playoffs, he could land a contract extension.

The Niners are 7-5 and in third place in the NFC West following Thursday's 19-3 loss to the Seahawks.

The sources also told Schefter that Harbaugh's fate with the Niners would not be determined until after San Francisco's season. The Niners' final regular-season game is Dec. 28 at home against the Cardinals.

Harbaugh, a former Michigan quarterback, is the fans' favorite to replace Brady Hoke at Michigan should Hoke be fired. The Wolverines concluded their season Saturday with a loss at Ohio State and a 5-7 record.

One NFL source told Schefter that the Raiders would be the favorite among NFL teams to land Harbaugh.

Later Sunday, Jay Glazer of Fox Sports reported that the 49ers plan to trade Harbaugh in the offseason for a draft pick. Harbaugh has one year left on his five-year, $25 million contract with the Niners.