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Adam Schefter, ESPN’s NFL “insider” and Michigan alumnus, still does not think Jim Harbaugh will wind up coaching at Michigan even after reportedly being offered the richest deal in college football coaching.

Michigan officials would not confirm reports Wednesday that the school has offered Harbaugh, currently the San Francisco 49ers coach, a six-year deal for as much as $49 million. Alabama coach Nick Saban has the largest salary in college football, making $7.1 million per season..

Michigan has had a coaching vacancy since Brady Hoke was fired after four seasons on Dec. 2.

Schefter, appearing Thursday morning on the “Mike & Mike” show on ESPN, said that for weeks, he has heard from his sources that Harbaugh intends to stay in the NFL. But earlier this week, Schefter said, he started hearing that Harbaugh is open to the idea of returning to his alma mater where he had been a quarterback under Bo Schembechler.

“Let me just say this, this is the time of year where often times agents do a great job at creating leverage,” Schefter said on the show.

Schefter said he wouldn’t say Harbaugh, whose 49ers were eliminated from the playoffs last Sunday and has two regular-season games remaining, won’t end up at Michigan, but he doesn’t think that will be the case.

“My sense is ultimately he will not,” Schefter said. “As much as I would like to see it, I think he will be an NFL coach. He will be in demand. He is the big domino that has to fall that impacts a lot of different places. I still think it’s the NFL, though I would love to be proven wrong.”

Two reports on Wednesday indicate Michigan has offered Harbaugh the head coaching job at his alma mater. Harbaugh has been the No. 1 target since Hoke’s firing.

NFL.com's Ian Rapoport, citing unnamed sources, said the offer is $48 million over six years. Joe Pequeno of CBS5 in Arizona, also citing unnamed sources, said the offer is $49 million over six years. NFL insiders for weeks have said Harbaugh will stay in the NFL.

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