Hard work pays off. Deion Sanders, the charismatic Pro Football Hall of Famer turned head coach, has solidified his future with the University of Colorado, agreeing to a five-year, $54 million contract extension that will keep him in Boulder through the 2029 season.
The mega deal, by coaching standards was first reported by ESPN, positions Sanders among the highest-paid coaches in college football and ensures his leadership as the Buffaloes continue their rise in the Big 12.
Check out the basic terms of the agreement: Sanders will earn $10 million in 2025 and 2026, followed by $11 million in 2027 and 2028, before reaching $12 million in the final year. The contract also includes specific buyout clauses should Sanders depart for another coaching role before its completion, starting at $12 million in 2025 and gradually decreasing in subsequent years. Notably, if Sanders retires from coaching entirely, no penalties will apply—provided he does not return to the sidelines elsewhere.
Here’s what Sander said in a statement:
“I’m excited for the opportunity to continue building something special here at Colorado,” Sanders said. “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, has anybody got at least a five-bedroom home with acreage for sale?”
ICYMI, since arriving in Boulder, Sanders has revitalized a program that had struggled for relevance, leading the Buffaloes to a 9-4 record in 2024 and an appearance in the Alamo Bowl. His impact extends beyond wins, as evidenced by the historic success of two-way star Travis Hunter, who claimed the Heisman Trophy last season while also becoming the first player ever to win both the Chuck Bednarik and Fred Biletnikoff Awards. Hunter is now widely projected as a top-five pick in the upcoming NFL Draft.