University of Michigan head football coach Jim Harbaugh and men's head basketball coach Juwan Howard (pictured) will each reportedly take a 10% pay cut beginning on August 1st, according to media outlets.

The school faces a $26 million shortfall for the next academic year (2020-21), and these cuts are in addition to other cuts in the athletic department.

The announcement comes just after the school approved a budget that calls for almost a 2% increase in tuition for next year.

Harbaugh enters his sixth season in Ann Arbor this fall, while Howard enters season 2 as head of the men's basketball program.