Pep Guardiola, Erik ten Hag and Jurgen Klopp feature as the world's 12 highest-paid managers are named.
Bayern caused a surprise when they sacked Julian Nagelsmann last week.
They weren't without a manager for long as they quickly named Thomas Tuchel as his successor.
"It's an honour and a distinction to be approached by FC Bayern. My express thanks for the trust placed in me go to Oliver Kahn, Hasan Salihamidžić, Herbert Hainer and Uli Hoeneß," said Tuchel, per Bayern's official website.
"When you work abroad for a while, you become even more aware of the importance of FC Bayern. The club's DNA involves a commitment. Bayern is about winning, also about the way of winning.
"The squad is one of the most talented and best squads in Europe. I'm really looking forward to working with this squad. You're a contender for every trophy with these players. It's also a big commitment."
How much is Thomas Tuchel earning at Bayern Munich?
Bayern revealed that Tuchel has signed a contract until 30 June 2025.
He will earn €12 million-per-year at the Bavarian giants, per L'Equipe.
Who is the highest-paid manager in the world?
But how does Tuchel's salary compare to the best managers in the world?
L'Equipe have published a list of the highest-paid managers in football right now. Daily Mail have converted the figures into sterling and you can view their findings below...
The highest-paid managers in world football
12. Jose Mourinho | Roma | £156,000-per-week
11. Mikel Arteta | Arsenal | £160,000-per-week (per the Sun)
10. Simeone Inzaghi | Inter Milan | £169,000-per-week
9. Erik ten Hag | Manchester United | £173,000-per-week (per the Sun)
8. Carlo Ancelotti | Real Madrid | £185,000-per-week
7. Brendan Rodgers | Leicester | £192,000-per-week (Per the Sun)
6. Thomas Tuchel | Bayern Munich | £203,000-per-week
5. Max Allegri | Juventus | £217,000-per-week
4. Graham Potter | Chelsea | £229,000-per-week
3. Jurgen Klopp | Liverpool | £302,000-per-week
2. Pep Guardiola | Manchester City | £379,000-per-week
1. Diego Simeone | Atletico Madrid | £574,000-per-week
Simeone is earning a fortune at Atletico Madrid.
The Argentine is paid nearly £200,000-per-week more than Guardiola.
Klopp rounds out the podium places, followed by under-fire Chelsea boss, Potter.
Tuchel is now the sixth highest-paid manager in the world. Bayern will be hoping that he is worth every penny.
Ten Hag is ninth, while Arteta and Mourinho miss out on the top 10.
Barcelona's Xavi does not feature in the list at all.
maturidikxith
527
simeone don't deserve that much amount 👃💸
Always_a_united
334
That’s why Simone wants to die in Atletico 😁
kugesuon
116
IF football Was School: ✅—1. School Principal - Sir Alex Ferguson ✅—2. Science Teachers - Pep Guardiola ✅—3. Maths Teacher - Josè Mourinhò ✅—4. History Teacher - Arsene Wenger ✅—5. The Popular Student Who Loves by everyone But Very Serious In Class - Cristiano Ronaldo ✅—6. The Quiet Student Who Is Very Smart But Doesn't Like Flexing - Leo Messi ✅—7. The Students Who Have Good Fashion Sense And Are Loved By All Girls In The School - Neymar Jr & Memphis Depay ✅—8. The Students Who Are Always Absent From School Because Of Illness - Benjamin Mendy, Gareth Bale , Eden Hazard and Ousmane Dembele ✅—9. The Student Who Is Always At School But Misses Class Periods - Alvaro Morata & Timo Werner ✅—10. The Student From A Rich Family Who Is Always Helping Poor Students From School With Food And Stationary - Marcus Rashford ✅—11. The Students That Are Always Making Jokes In Class - Kyle Walker & John Stones ✅—12. The Student That Always Changes Schools Almost Every Year - Zlatan Ibrahimovic ✅—13. The Bullies At School Who Like To Pick On Quiet students At School - Sergio Ramos, Pepe and Diego Costa ✅—14. The Student That Works Hard In Class But Still Fails - Fred ✅—15. The New Kids At School Who Think They're Better Than Older Guys At School - Erling Haaland and Kylian Mbappé ✅—16. The Student Who Is Very Good With Maths And Science But Doesn't Like Making Noise or Bragging About It - Kevin De Bruyne ✅—17. The Humble Student From A Poor Family That Is Doing Very Good In School And Is Loved By Everyone - Sadio Mańe & Ngolo Kante ✅—18. Students who always do well almost in every subject but Principal and Teachers ignore their efforts - Karim Benzema & Robert Lewandowski ✅—19. The student who make mistakes and gets the whole class in trouble - Harry Maguire.