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Report: Deion Sanders Has $10M Contract Buyout with Colorado amid Cowboys Buzz

RJ Sangosti/MediaNews Group/The Denver Post via Getty Images

If the Dallas Cowboys want to hire Deion Sanders as their next head coach, it could cost them a pretty penny.

Per NFL Network's Jane Slater, Sanders has a $10 million buyout at Colorado, with that number decreasing after each year of his contract.

Slater also noted that Sanders "potentially" has an extension with Colorado on the table and could use the Cowboys' interest in him as leverage to increase the Buffaloes' offer to him.

"There's been some talk that there has potentially been an extension on the table in front of the regents," Slater said.