Colorado athletic director Rick George may have hit a proverbial home run over the weekend as he hired Deion Sanders as the school’s next football coach, but it came with a total cost the school couldn’t pay quite yet if it had to.
Sanders’s deal with Colorado is for five years, $29.5 million, which is an average of $5.9 million per year, per Brian Howell of Buffzone. Sanders will make $5.5 million in year one, and will earn $200,000 raises each year over the life of the contract.
The pay of Sanders far exceeds that of former coach Karl Dorrell, who was paid $3.6 million this season. The $3.6 million that Dorrell earned was previously the most Colorado had ever paid a head coach.
