In just a matter of days, the Colorado Buffaloes football program has gone from an afterthought to the talk of college football. And it’s all thanks to the hiring of Deion Sanders as their head coach. Sanders, also known as Coach Prime, has wasted no time in making his mark on the program, stirring up controversy and rallying the Buffs’ fanbase with his bold statements.
However, Sanders faces a daunting task in turning around the Colorado football program. The team has struggled in recent years, with only one winning season since 2006 and a revolving door of head coaches. Additionally, the Buffs compete in a Pac-12 Conference that is undergoing changes, potentially losing powerhouse teams like USC and UCLA to the Big Ten. But Coach Prime has a proven track record of transforming programs overnight, and Colorado is willing to invest heavily in his success.
While Sanders has yet to sign a formal contract with the university, he has received an offer letter that provides insight into his potential earnings as the head coach of the Buffaloes. The offer letter, obtained by Boardroom, reveals the financial commitment that Colorado has made to Coach Prime.
Let’s take a closer look at the details.
Deion Sanders Salary Breakdown
Term: 5 years
Base Salary: $500,000
Public Relations Compensation: $1,750,000 (with a $100,000 annual raise)
Promotions and Fundraising Compensation: $1,750,000 (with a