Colorado collapsed down the stretch in its first season beneath Deion Sanders, however that didn’t cease the coach from incomes a considerable bonus in his contract.
Sanders obtained a bonus of $250K from Colorado final yr for the nationwide recognition he dropped at the college, in response to information obtained by Brent Schrotenboer of USA At the moment. The bonus was not tied to a tangible achievement however relatively was a discretionary fee awarded by athletic director Rick George.
“The worker recognition bonus is a discretionary bonus awarded by Athletic Director Rick George for the immense influence Coach Prime has made on the soccer program, the Athletic Division, and the college in his first season,” Colorado mentioned in an announcement to USA At the moment.
The bonus was paid out shortly after the Buffaloes completed the season 4-8 with a six-game dropping streak.
Colorado cited knowledge exhibiting that the college gained $343M in “earned media” worth throughout Sanders’ first season. The varsity gained $87M the earlier season when Colorado went 1-11, in response to the evaluation.
Sanders additionally had performance-based incentives in his contract that he didn’t earn. He might have earned $150K if Colorado received six video games and $200K if this system obtained an invite to a New Yr’s Six Bowl sport.
When factoring within the recognition bonus, Colorado paid Sanders just below $6M in his first yr on the job.
There isn’t a query Sanders helped generate a ton income for Colorado final yr. If he can fulfill his promise for Yr 2, there’ll seemingly be much more bonus pay coming his means subsequent offseason.
