“There’s no salary cap when it comes to hiring coaches” - Mike Florio expects NFL teams to throw bags of money at Jim Harbaugh

Jim Harbaugh and roughly half of the NFL teams will be done with their seasons on Monday. As of now, planning and preparation for the future is an ongoing process. Most would agree that the hiring pool is full of big fish, including Harbaugh.

In an article published on Pro Football Talk, NFL analyst Mike Florio predicted that a very expensive bidding war was about to take place for the college coach.

"It will be interesting to see whether the Broncos and Panthers both actively pursue Harbaugh, given that the Walton-Penner Wal-Mart conglomerate and Tepper are the two richest ownership groups in the NFL — and there’s no salary cap when it comes to hiring coaches." - NFL analyst Mike Florio

Will the former 49ers head coach become the richest head coach in the NFL?

The Denver Broncos fired Nathaniel Hackett the day after suffering a 51-14 blowout against the Los Angeles Rams on Christmas Day. Meanwhile, the Carolina Panthers fired head coach Matt Rhule weeks earlier. Without Hackett, the Broncos have turned to Jerry Rosburg as the interim head coach.

What led the Denver Broncos and Carolina Panthers to pursue Jim Harbaugh?

Michigan's head coach looks on at Vrbo Fiesta Bowl - Michigan v TCU

Many expect the Broncos to go with another name, such as Harbaugh or potentially Sean Payton. With several rookie head coaches flaming out, fans can expect an experienced, steady hand on the sidelines in 2023.

The Panthers have been quiet on the subject as they enjoyed a hot streak under interim head coach Steve Wilks. Since the change after the 1-4 season, the team seemed to get some pep in their step, ultimately challenging Tom Brady for the division lead in Week 17.

The Denver Broncos just paid an arm and a leg for Russell Wilson and are on the precipice of finishing with the fewest wins in a full season as a franchise since the early 1970s. However, fans argue that the team should be looking to dig itself out of the Russell Wilson hole. On the other hand, fans argue that the team just needs the right face on the sidelines.

Will the Denver Broncos be forced to make another massive expenditure one season after they extended Russell Wilson to 2028, and will Michigan's head coach be the true winner of such a commitment?

If any of the above quotes are used, please credit Pro Football Talk and H/T Sportskeeda.