Sanders will now be making $10 million, making him the highest-paid football coach in the Big 12 and among the top 10 highest-paid head football coaches in the country, the school said.

The University of Colorado signed Deion "Coach Prime" Sanders to a five-year, $54 million contract, ending speculation he will leave.

Deion Sanders, who went to eight Pro Bowls with five different teams, including the Ravens, is having a very successful second act as a coach.