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The University of Colorado has approved a new contract for coach Deion Sanders that will nearly double his pay to $10 million and more through 2029.
Sanders earned $5.7 million in guaranteed pay last year when his team finished with a 9-4 record. He was in the third year of a five-year contract that ran through 2027. His new deal adds two years to that and makes him one of the highest-paid coaches in the nation. At $10 million, his guaranteed pay would rank first among public schools in the Big 12 Conference according to USA TODAY data for last year.
"I'm excited for the opportunity to continue building something special here at Colorado," Sanders said in a statement. "We've just scratched the surface of what this program can be. It's not just about football; it's about developing young men who are ready to take on the world. I'm committed to bringing greatness to this university, on and off the field. We've got work to do, and I wouldn't want to be anywhere else but here, making history with these incredible players and this passionate fan base. Lastly, anybody got at least a five-bedroom home with acreage for sale?"
Sanders, also known as Coach Prime, was hired at Colorado in December 2022, when the Buffaloes were coming off of a 1-11 season as one of the worst programs in America. He went 4-8 in his first season in 2023 but generated massive interest and national attention because of his fame, flamboyant personality and the star players he brought with him, including his quarterback son Shedeur and two-way star Travis Hunter, who won the Heisman Trophy in December.
He also arguably changed the game with his unconventional approach to building a roster with transfer players.
The new contract calls for him to earn $10 million in guaranteed pay this year and next year before increasing to $11 million in 2027 and $12 million in the final year of the deal in 2029.
Athletic director Rick George announced the move Friday.
“Coach Prime has revolutionized college football and in doing so, has restored CU football to our rightful place as a national power,” said George. “This extension not only recognizes Coach’s incredible accomplishments transforming our program on and off the field, it keeps him in Boulder to compete for conference and national championships in the years to come.”
Follow reporter Brent Schrotenboer @Schrotenboer. Email: [email protected]
This article originally appeared on USA TODAY: Colorado coach Deion Sanders gets massive new contract
Continue reading...
Sanders earned $5.7 million in guaranteed pay last year when his team finished with a 9-4 record. He was in the third year of a five-year contract that ran through 2027. His new deal adds two years to that and makes him one of the highest-paid coaches in the nation. At $10 million, his guaranteed pay would rank first among public schools in the Big 12 Conference according to USA TODAY data for last year.
"I'm excited for the opportunity to continue building something special here at Colorado," Sanders said in a statement. "We've just scratched the surface of what this program can be. It's not just about football; it's about developing young men who are ready to take on the world. I'm committed to bringing greatness to this university, on and off the field. We've got work to do, and I wouldn't want to be anywhere else but here, making history with these incredible players and this passionate fan base. Lastly, anybody got at least a five-bedroom home with acreage for sale?"
Sanders, also known as Coach Prime, was hired at Colorado in December 2022, when the Buffaloes were coming off of a 1-11 season as one of the worst programs in America. He went 4-8 in his first season in 2023 but generated massive interest and national attention because of his fame, flamboyant personality and the star players he brought with him, including his quarterback son Shedeur and two-way star Travis Hunter, who won the Heisman Trophy in December.
He also arguably changed the game with his unconventional approach to building a roster with transfer players.
The new contract calls for him to earn $10 million in guaranteed pay this year and next year before increasing to $11 million in 2027 and $12 million in the final year of the deal in 2029.
Athletic director Rick George announced the move Friday.
“Coach Prime has revolutionized college football and in doing so, has restored CU football to our rightful place as a national power,” said George. “This extension not only recognizes Coach’s incredible accomplishments transforming our program on and off the field, it keeps him in Boulder to compete for conference and national championships in the years to come.”
Follow reporter Brent Schrotenboer @Schrotenboer. Email: [email protected]
This article originally appeared on USA TODAY: Colorado coach Deion Sanders gets massive new contract
Continue reading...
