It (finally) happened.

#5 Michigan beat #2 Ohio State on Saturday, 42-27, for their first win over the Buckeyes since 2011.

As a result, the Wolverines are heading to the Big Ten Championship this Saturday in Indianapolis against the Iowa Hawkeyes for a spot in the College Football Playoff.

Also, not only did Jim Harbaugh get the rivalry monkey off his back (now 1-5 against Ohio State), but the Michigan head coach received a nice little bonus for winning the Big Ten East…..$500,000 to be exact.

Harbaugh is also set to earn another $1.5 million bonus if Michigan beats Iowa in the Big Ten championship game….$1 million for winning the title another $500,000 for making the College Football Playoff.

You can read more about Jim Harbaugh’s contract bonus here.