Deion Sanders contract buyout, salary at Colorado in 2026
Deion Sanders is firmly on the hot seat after Colorado's latest loss. Here's how his contract, salary and buyout could impact the program's future.
The Colorado Buffaloes have struggled to secure victories against competitive opponents, despite being led by a highly-paid coach. Recent losses, including a 20-10 defeat to Arizona State, have made a coach change more likely. Deion Sanders, the head coach, signed a five-year, $54 million contract extension in March 2025, with his base salary for 2026 being $10.8 million.
He would make $11 million in both 2027 and 2028, and $12 million in 2029. If Sanders is fired before the end of 2026, Colorado's buyout would amount to $25.5 million. If he leaves for another job before the end of 2026, his buyout would be $10 million. While the buyout may seem costly, it could potentially save the university around $8.5 million compared to paying him his salary for the next three seasons. A new head coach, even at a lower annual salary, would also be a significant investment.
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