Boulder, Colorado – After spending two successful years coaching the Colorado football team, Deion Sanders has secured a lucrative five-year deal, providing him with significant financial stability. The new contract, valued at $54 million, solidifies Sanders as one of the highest-paid coaches in college football, with an annual income of $10.8 million.
The breakdown of Sanders’ earnings under the new contract includes $10 million in 2025, $10 million in 2026, $11 million in 2027, $11 million in 2028, and $12 million in 2029. This deal comes as Sanders still had $18.3 million remaining on his original five-year, $29.5 million contract with the team.
In addition to his substantial salary, the contract also outlines buyout clauses, stating that Sanders would be owed $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. Despite these figures, an NFL team owner looking to recruit Sanders may find the buyout amounts manageable, especially considering they decrease over time.
Sanders has expressed his loyalty to Colorado, mentioning in an interview during Super Bowl week that he would only consider leaving for the NFL if he had the opportunity to coach his son, Shedeur. This statement emphasizes Sanders’ commitment to his current coaching position and team.
The new contract signifies the value Sanders brings to the Colorado football program and reflects the school’s investment in his leadership. With his proven track record of success and dedication to his players, Sanders’ extension highlights the impact he has had on the team and the program’s future prospects under his guidance.
Overall, Sanders’ new deal not only secures his financial future but also solidifies his role as a key figure in Colorado football, setting the stage for continued success and growth within the program.