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No, Michigan didn't lose out on Juke Harris due to an insane amount of money

Michigan was in play to land former Wake Forest star Juke Harris who made his way to Tennessee.
Juke Harris, Wake Forest Demon Deacons
Juke Harris, Wake Forest Demon Deacons | Jim Dedmon-Imagn Images

Much will be made about why Juke Harris committed to play for Tennessee over the likes of Michigan and his home state's flagship of UNC. The Salisbury, North Carolina native left Wake Forest for presumably greener pastures over in Knoxville. He made a great choice for himself, as Rick Barnes' Volunteers have made it to three straight Elite Eights. Of course, Michigan just won the national title...

While there was some talk over finances, apparently this was not what brought Harris to Tennessee.

Mike Wilson of Volquest shared that a reported $5 million price tag for Harris' services was incorrect. Harris became the seventh player to transfer to the Vols this offseason. This is a huge season for Barnes, but similar principles can be applied to Dusty May... While Barnes needs to get Tennessee to the Final Four, does May have it in him to lead Michigan to back-to-back national championships?

No matter what the price tag was for Harris, Michigan now has to pivot to find its next portal pickup.

Juke Harris picked Tennessee over Michigan for more than just money

When it became clear that Harris was going to leave Winston-Salem for another opportunity on the college hardwood, all signs pointed to him joining a more prestigious program. Wake Forest does have a great basketball history, but Michigan, North Carolina, and even Tennessee have more good things going for them now. The Michael Malone hire may have knocked UNC out of the mix for him.

As far as it potentially coming down to Michigan and Tennessee, in most estimations, the chance of contending for a national championship while playing slightly closer to home may have done the trick for him. Knoxville is so much closer to Salisbury than Ann Arbor is. Frankly, it may have come down to coaching preference. The ageless Barnes is one of the good guys in the business, for what it is worth.

At this time, Michigan has to move on from the idea that Harris passed on them in favor of a team that has never been to a Final Four before in its program's history. Had the Wolverines landed Harris, the chances of them repeating would have been through the roof. Again, they still might do it, but keep in mind it took a painfully long 36 years for Michigan to win its second. It just was not about the money...

Harris made the best decision for himself, but it may have been more than merely a transactional one.

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