Sanders will owe $300,000 buyout to JSU

Jackson State football coach Deion Sanders was named Colorado football’s new head coach on Saturday night following the Tigers’ SWAC championship game victory.

Sanders, 55, is in his third season as JSU’s coach. He has compiled a 27-5 record with consecutive SWAC championships and berths into the Celebration Bowl. The Tigers head into the 2022 Celebration Bowl in two weeks with a 12-0 record after Saturday’s 43-24 victory over Southern in the SWAC Championship Game.

Sanders will owe Jackson State about $300,000 for a contract buyout, according to a copy of the agreement he signed in 2020 that was obtained by the USA TODAY Network. Sanders’ current contract expires on Dec. 15, 2024. The contract requires Sanders to pay half the remaining salary on his deal if he leaves for another job, so long as Ashley Robinson is still the athletic director at Jackson State.