Colorado coach Deion Sanders has earned a five-year, $54 million contract extension that runs through the 2029 season, making him one of the highest-paid coaches in the country, according to a copy of the contract obtained by ESPN on Friday.

Deion Sanders vowed to put CU Buffs football back on the national map. Now it looks as if he and the administration are serious about keeping them there.

Here's a look at the buyout in Sanders' new extension: Sanders' buyout as of December 2024 was $14 million, per USA Today's database — the 41st-highest in FBS.