Deion Sanders is currently paid $10 million annually for the 2025 and 2026 seasons under a five-year, $54 million contract extension with the University of Colorado. His salary will then increase to $11 million in 2027 and 2028, and $12 million in 2029. This deal makes him one of the highest-paid college football coaches in the country and the highest-paid coach in the Big 12 conference.