Deion Sanders New Contract: Coach Prime Gets a Massive Raise

min read
Deion Sanders New Contract: Coach Prime is getting a big raise in moving from Jackson State to Colorado.
(AP Photo/David Zalubowski)
Chase Kiddy @chaseakiddy Dec 04, 2022, 8:42 PM
  • Deion Sanders, AKA Coach Prime, is leaving Jackson State for Colorado.
  • At Jackson State, Deion Sanders’ annual base salary was $300,000.
  • At Colorado, Deion Sanders’ annual base salary may be north of $4.5 million.

Deion Sanders and Jackson State are having quite the month.

Though Jackson State isn’t playing for an FCS national championship, the Tigers are set to play in a second straight Celebration Bowl in about two weeks.

Now, Sanders has announced that he will be taking over as head coach of the Colorado Buffaloes.

How Much is Deion Sanders’ Colorado Contract?

No one has an exact number just yet, but early reports out of Colorado point to a base salary north of $4.5 million for Deion Sanders.

Deion Sanders’ Colorado Deal

In leaving JSU to take on a new deal at Colorado, Deion Sanders (AKA Coach Prime) definitely has his work cut out for him. The Buffs have secured just one winning season in the last 16 years, and the Pac-12 will be much tougher than the SWAC.

Deion Sanders New Contract: How the Buffs Created Deion Sanders’ Colorado Deal

As many college football analysts and coaching carousel experts have pointed out this season, Deion Sanders’ departure from Jackson State felt inevitable. 

Deion Sanders Salary: Colorado Offers a Big Raise for Coach Prime

If early reports are to be believed, it appears that Deion Sanders’ salary is being multiplied by more than 15 times what it was at Jackson State. 

With a raise like that, it’s hard to blame Coach Prime for jumping for a new coaching opportunity.

Deion Sanders Colorado Press Conference

Is Colorado Buffaloes an HBCU?

No, it is not. Deion Sanders is leaving beloved HBCU Jackson State for Boulder, Colorado, where his new employer has no such designation. In fact, there are no HBCUs anywhere in the state of Colorado. 

Why Did Deion Sanders Leave Jackson State?

Sanders remade himself as a college football coach and elite recruiter in Mississippi throughout these last two years. He likely never planned to stay in relative obscurity at Jackson State for very long.

“In coaching, you either get elevated or get terminated,” Sanders told his current team at JSU. “Ain’t no other way.”

 

View this post on Instagram

 

A post shared by @COACHPRIME (@deionsanders)

Why is Deion Sanders Called Coach Prime?

Deion Sanders’ longtime nickname, Prime Time, had to evolve with the times once Sanders became a head coach in 2020. Prime Time became Coach Prime.

How Much Did Jackson State Pay Deion Sanders?

Deion Sanders initially signed a 4-year, $1.2 million contract with Jackson State that paid a base salary of $300,000 per year before incentives kicked in.

Sanders now owes Jackson State $300,000 for the final two years of his contract. He promised to personally pay half of his remaining salary to JSU if he moved on to another school.

Jackson State Football Coaching Staff

Deion Sanders still plans to coach Jackson State in its final game of the year, which means there won’t be much of an interim coaching situation in Mississippi. JSU can start working on hiring its next coach for 2023, though it surely won’t be a candidate with Sanders’ stature. 

Celebration Bowl 2022

Jackson State will conclude its season on Dec. 17 against North Carolina Central in the 2022 Celebration Bowl. The NCAAF odds will surely favor Coach Prime’s Tigers.

Deion Sanders: NFL Another Potential Coaching Destination

There is speculation about whether Deion Sanders would ever leave college football for the NFL.

Personally, my feeling is that he’ll stick to the college ranks. Coach Prime’s best advantage as a coach is that his swagger and name brand draw highly-ranked recruits; that advantage would be totally irrelevant in professional football.

College Football Podcast: Want More CFB Analysis?

Want more college football analysis? Don’t forget to subscribe to The Lion’s Edge for intelligent, weekly insights into trends and betting tips across the online sports betting world. It’s available on iTunes, Spotify, or wherever you listen to podcasts.

The Lion’s Edge is available on iTunes, Spotify, or wherever you listen to podcasts.

You can also listen to it in the web player below.

College Football Betting Odds

BetMGM is the premier destination for updated college football betting odds.

From Week 0 through the College Football Playoff, you can place bets on over/under totals, spreads, alt lines, and more. And with live sports betting – available for hundreds of games each season – there’s never a break in the action.

Check out the sportsbook today to get closer to the action!

Actor Jamie Foxx on the Welcome Offer BetMGM's banner.
About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.