Deion Sanders Would Need To Pay CU $15,000,000 To Decommit To Colorado This Year
It seems Deion Sanders is launching an attack on his opponents with his dominating run. CU won their second game of the season which is a great start considering last year’s 1-11 record. Coach Prime is committed to the team however in a recent piece of news it was revealed that if he decides to leave Colorado (which seems far-fetched), then he would have to pay a whopping sum of $15,000,000 to the team.
Brian Howell, who is Colorado Buffaloes’ beat writer tweeted an informative detail on Coach Prime’s $29,500,000 contract last year when the deal was getting finalized. It was a huge gamble played by the team’s athletic director Rick George, since Colorado did not have the money to pay for it.
Deion Sanders Needs To Pay $15,000,000 To Decommit to Colorado
George relied on the fans to make CU a big hit and to generate maximum revenue from ticket sales which they did. On top of that, they even collected $28 million in donations that fans had collected to support Coach Prime’s vision. It all paid off as the Buffs are dominating this season. Speaking of his contract, Prime received $5.5 million for his debut year, but as per the deal, if he leaves the team in his first year, he would have to pay $15 million.
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. #cubuffs
— Brian Howell (@BrianHowell33) December 4, 2022
“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,” Brian Howell’s tweet read.
That said, if Colorado ends up firing Coach Prime at any point in time for any reason, they would owe the NFL legend a good 75 percent of his remaining contract. This is bizarre to think when compared to the contract of previous CU coach Karl Dorrell. Dorell signed a five-year, $18 million deal, which was then the highest-paid football coach in Buffs history. However, he was fired a few months later when CU witnessed a disastrous start to the 2022 season.
Coach Prime Received a $5,000,000 Salary Pool To Hire Assistant Coaches
Coach Prime is turning things around. His incredible and starring presence has made everyone believe in the program. However, it was not a one-man’s game to make it happen. Prime was very vocal about the incredible staff that he had hired. But he was also given a whopping $5 million in salary cap to hire a top-class coaching staff.
Just as big for CU is that they’ve given Sanders $5 million for his assistant coach salary pool. The salary pool this year was roughly $4 million, the highest ever at Colorado. #cubuffs
— Brian Howell (@BrianHowell33) December 4, 2022
Coach Dorrell on the other hand was given a $4 million salary cap for the coaches. However, Coach Prime, who is though paid a huge sum, is creating a magical impact through his presence and the Prime Effect is definitely visible everywhere.
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