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Deion Sanders Lands $54M Extension to Remain Colorado Head Coach Through 2029
Credit: John E. Moore III/Getty Images
Coach Prime is getting PAID!

Colorado head coach Deion Sanders has reportedly agreed to a 5-year extension worth $54 million. According to beat writer Brian Howell, the contract will be broken down annually in this fashion:

2025: $10M

2026: $10M

2027: $11M

2028: $11M

2029: $12M

In 2025 and 2026, Sanders would be considered having the seventh-highest salary in the country — tied with the likes of Bill Belichick, Mike Norvell, and Kalen DeBoer.

By 2029, according to current numbers, only Kirby Smart and Ryan Day would make more than Sanders.

The impact Sanders has had on Colorado’s football team has been nothing short of sensational. His record through two years in Boulder is 13-12. That might not look impressive on the surface — though he did see the Buffs improve from 4-8 to 9-4 this past year.

From a football perspective, he’s fully adopted the transfer portal as the prominent avenue for building out his roster. Sanders has also managed to sign a plethora of elite recruits from all over the country who’ve bypassed traditional powers in order to play under his guidance. The proof of development is certainly in the pudding. There’s a real chance both his son Shedeur and DB/WR Travis Hunter will each go in the top-five of this year’s NFL Draft. That’s about as good of an endorsement of a program as possible.

There’s also the impact Sanders has had on the university itself. He’s brought newfound publicity and exposure through his star-studded coaching staff, the hoards of ex-NFL players often visiting the campus, his professionalism and charisma through rampant interview opportunities, and also the penchant for seeing Colorado games on all major networks. It’s resulted in a major uptick in application numbers for students — which in terms means more financial gain for the university.

It remains to be seen as to whether Sanders can win on the highest level at Colorado. Having said that, there will be no shortage of intrigue or excitement with him commanding this upstart program.

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