After two years with Colorado, head football coach Deion Sanders has landed five years of significant financial security.
Via Brian Howell of the Boulder Daily Camera, the school has announced a new five-year, $54 million deal with Sanders.
The $10.8 million-per-year agreement makes Coach Prime one of the highest-paid coaches in college football.
He’ll make $10 million in 2025, $10 million in 2026, $11 million in 2027, $11 million in 2028, and $12 million in 2029.
Sanders had $18.3 million left on his original five-year, $29.5 million contract. (Under the NFL’s flawed — at times — new-money analysis, the contract has a new-money average of $17.85 million per year.)
The all-important buyout language looks like this: $12 million before December 31, 2025; $10 million before December 31, 2026, $6 million before December 31, 2027, $4 million before December 31, 2028, and $3 million before December 31, 2029.
Those numbers won’t keep an NFL owner who really wants Deion from writing the check. Especially since the check gets a lot smaller, quickly.
Sanders told PFT Live during Super Bowl week that he would only leave Colorado for the NFL if he were coaching his son, Shedeur.