Tuesday, September 8, 2026
The FOS App is Live Download It Now

Colorado Coach Deion Sanders Owes Jackson State $300K For Leaving

  • For leaving Jackson State, he’ll have to cough up $300,000, according to USA Today.
  • Sanders likely won’t miss the money, given that he’ll make a reported $29.5 million with the Buffs.
Deion Sanders leads spring practice at Colorado.
Colorado Athletics

On Saturday night, Hall of Famer Deion Sanders led the Jackson State Tigers to a SWAC Championship. Then, he jumped on a plane to Colorado to become the school’s new head football coach.

For leaving Jackson State behind, he’ll have to cough up $300,000, according to USA Today. 

Sanders’ contract mandated him to pay a portion of his remaining salary if he left before 2024 — and if Ashley Robinson, the current athletic director, was still in his role.

Sanders likely won’t miss the money, given that he’ll make a reported $29.5 million with the Buffs over the next five years — for an average of $5.9 million a year. That’s about $2 million more than the school has ever paid for a football coach.

Reports suggest the hire has already piqued the interest of players in the transfer portal and donors willing to offer name, image, and likeness deals. 

College GameDay Means More to Schools Than a Saturday Morning Spotlight

Schools reap ‘immeasurable’ benefits when the ESPN bus rolls into town.
November 5, 2022

Perhaps that’s why Colorado athletic director Rick George told reporters the school doesn’t yet have the money to pay Sanders — but he isn’t “worried about that piece.”

At Jackson State, Sanders built a powerhouse program with top recruits including wide receiver Travis Hunter and his son, quarterback Shedeur Sanders (who will now follow his father to Colorado).

In addition to an undefeated record this season, Sanders helped usher in publicity that contributed to NIL deals for athletes and even a spot on ESPN’s “College GameDay.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

‘Like Playing a Game in 1990’: SMU, FSU Play Amid Power Outage

No coach-to-player helmet comms. No instant replay. But the show went on.

Big 12 Withdraws Lawsuit Against Texas Tech As New Season Begins

Brendan Sorsby left the school shortly after the lawsuit was filed.

FCS Schools Got Paid $1M For FBS Upsets in Week 1

Three Group of 6 (non-power conference) teams were victims on Saturday.

Belichick, UNC Avoid Investigation Questions With Program In Flux

The Tar Heels had a bye week after upsetting TCU in Week 0.
podcast thumbnail mobile
Front Office Sports Today

9/8/26 – Big Ten Replay Controversy, Goodell’s Four-Year Extension, LeBron Picks Polymarket

0:00

Featured Today

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Aug 3, 2026; Washington, D.C., USA; Alexandra Eala (PHI) kisses the championship trophy during the trophy ceremony after her match against Jessica Pegula (USA) (not pictured) in the women's singles final of the 2026 Mubadala DC Open at Rock Creek Park Tennis Center. Mandatory Credit: Geoff Burke-Imagn Images
August 30, 2026

How Alex Eala Turned the Philippines Into a Tennis Nation

A December homecoming match could break tennis’s attendance record.

WMU Refuses to Blame Refs, Big Ten for Last-Second Loss

“Don’t feel sorry for us,” said head coach Lance Taylor.
September 5, 2026

Lane Kiffin’s Roster Decision Reverberates Across Baton Rouge

The legal battle over eligibility was ever-present in Death Valley on Saturday.
Sep 5, 2026; Baton Rouge, Louisiana, USA; LSU Tigers head coach Lane Kiffin reacts to a play against Clemson Tigers during the first half at Tiger Stadium
September 6, 2026

LSU’s Kiffin Era Begins With Blowout Win Amid Legal Battle

LSU notched a decisive first win amid its brief legal detente.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 4, 2026

College Football’s Biggest Circus Descends on Baton Rouge

Lane Kiffin’s debut and the NFL eligibility battle are drawing national attention.
September 3, 2026

UNC GM Michael Lombardi Resigns As Investigation Continues

Lombardi was a longtime confidant of Bill Belichick in their NFL days.
Jul 23, 2026; Tampa, FL, USA; LSU Tigers head coach Lane Kiffin speaks to the press during SEC Football Kickoff Media Day at the Tampa Marriott. Mandatory Credit: Nathan Ray Seebeck-Imagn Images
September 3, 2026

SEC Sues LSU, Lane Kiffin Over Pro Players

The suit accuses LSU of deliberately recruiting professional athletes.
September 3, 2026

LSU Eligibility Battle Attracts Web of Politicians

The state lawsuit over college athlete eligibility has become a political football.