Harbaugh was making $17 million per season in Baltimore before his exit after 18 seasons, so this pact is a slight raise from his previous deal with the Ravens.
It appears the Giants will also open their wallets for his staff, with Harbaugh eyeing Todd Monken as his offensive coordinator, as Monken was with him in Baltimore for the past three seasons.
Schwartz previously reported that the Giants and Harbaugh spent a long day together on Wednesday, discussing job details over dinner at Elia Mediterranean Restaurant in East Rutherford.