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Deion Sanders' Colorado Contract, Buyout Details Revealed After Jackson State Exit

Deion Sanders was officially introduced as head coach of the Colorado Buffaloes on Sunday, and we now know what the former Jackson State bench boss will earn in his new role.

Sanders agreed to a five-year, $29.5 million deal with Colorado, according to Brian Howell of the Boulder Daily Camera.

Full details:

Brian Howell

Sanders would owe CU $15M if he leaves in the first year, $10M if he leaves in the 2nd year, $8M in the third year and $5M if he leaves after that. If Colorado fires Sanders at any point without cause, the school would owe him 75% of his remaining contract.