Deion Sanders' contract with the University of Colorado Boulder is valued at $29.5 million over five years.
Deion Sanders' Contract Details at Colorado
Coach Prime, officially known as Deion Sanders, agreed to a substantial five-year deal upon taking the head coaching position for the Colorado Buffaloes football team. This agreement underscores the university's commitment to revitalizing its football program under his leadership.
Contract Aspect | Details |
---|---|
Total Value | $29.5 million |
Duration | Five years |
While the contract is for a total of $29.5 million over five years, this averages out to an annual salary of $5.9 million. This figure encompasses his compensation for leading the Buffaloes. An important aspect of his agreement includes a $14 million buyout clause as of December 1, a detail that could be relevant for other programs potentially interested in his services.
Key Aspects of Coach Prime's Deal
- Total Compensation: Sanders' agreement totals $29.5 million, reflecting a significant investment by the university.
- Term Length: The contract spans five years, providing a long-term commitment to the program's development.
- Buyout Clause: A specific buyout amount of $14 million is noted as of December 1, offering clarity on potential future scenarios should another institution express interest.
For more information on Deion Sanders' contract, you can refer to sources like Athlon Sports.