Deion Sanders Signs $54M Contract Extension with Colorado Through 2029

The extension cements Sanders as one of the highest-paid college football coaches and secures his leadership for Colorado's continued resurgence.

Deion Sanders has agreed to a five-year, $54 million contract extension with the University of Colorado, running through the 2029 season.
The new deal increases Sanders' annual salary to $10 million in 2025, making him the highest-paid coach in the Big 12 and among the top 10 in the nation.
The contract includes a buyout clause starting at $12 million in 2025, decreasing annually to $3 million by 2029, ensuring a strong commitment to the program.
Since his arrival in 2022, Sanders has revitalized Colorado football, leading the team to a 9-4 record in 2024 and producing top NFL prospects, including a Heisman Trophy winner.
Sanders' impact extends beyond football, with the program driving increased university applications, diversity, and significant economic benefits for Boulder.