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[Update x 1] BREAKING: Jim Harbaugh to the 49ers

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And it appears as if the 24/7 Harbaugh news cycle is coming to an end at last. Per ESPN's Adam Schefter:

Filed to ESPN: Jim Harbaugh is expected to agree to a five-year contract with the 49ers.

Who would have ever thought Stanford news would dominate the front page of a USC blog? Times, evidently, have changed.

This appears all but official. Stay posted.

Update #1

A few notes:

  • San Francisco will be holding a press conference at 3:30 p.m. PST, so I take it this is going to go through. Would be surprised if it doesn't.
  • Deal is reportedly worth $25 million over five years.
  • California taxes, however, will likely cut his salary in half.