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Even though Deion Sanders signed his contract, Colorado Athletic Director Rick George said that the school doesn't have all of the cash available right now to fulfill it, but will in the future...
quote:

"We don't have the money yet, but I know we'll have it. I'm not worried about that piece," George said.
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Buffalos alum expect a call if you already haven't.

(Barstool Sports)
Filed Under: NCAA Football

Comments

32 Comments
user avatar
cheeto22515 months
Isn’t that fraud?
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PeleofAnalytics15 months
No
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panzer15 months
How do you admit that?
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roll to victory15 months
Deion doesn't need the money, obviously he's volunteering his efforts for now, lol
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Timeoday15 months
Deion will loan it to them at 12% apr..
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TommyDaTiger15 months
You’re ABSOLUTELY killing your father Larry
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RazzleDazzle15 months
You have nothing better to say?
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Napoleon15 months
I watched the video of Deon walking through the Colorado facilities. They are top notch. With Boulder's location and close flight to west coast, he should be able to recruit just fine.
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HeadSlash15 months
Should have gone to South Florida
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Robber DeNiro15 months
I heard somebody on a podcast say Colorado boosters are coming in.
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chinhoyang15 months
"What be the weekly?"
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surgicalvenom15 months
How broke do you have to be to admit that out loud? And if you don't have coach money, I'm guessing NIL is nonexistent, so who are you gonna recruit? Colorado was a strange choice by Sanders. Cindy seemed like a better choice.
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ThaKaptin15 months
Well, NIL money doesnt come from the university so that's not an issue. I expect there will be at least some local businesses in Boulder that can pony up some money but I would bet that Denver is going to be the biggest hot spot for NIL money for them.
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skidry15 months
His biggest obstacle is that the admin is radical people who hate football.
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PeleofAnalytics15 months
Not really surprised that the athletic department doesn't technically have authorization yet to make payments on the contract but things like this have a lot of moving parts that require some accounting, new budgets, meetings with advertisers, sponsors and boosters. Moving funds around and getting proper authorization for salaries is a nightmare.
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Willie Stroker15 months
When is the last time an AD has ever admitted this during a coaching hire? Seems odd.
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ThaKaptin15 months
during? Shit, he saved this morsel until after the ink was dry for a reason. LOL
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gamecockman1215 months
This AD is an idiot.
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Chad4Bama15 months
Dumb contract offer.

He easily could have been had for probably half that. College administrators do nothing but throw around Monopoly money... regardless of where it's coming from. Agents make ADs their bitches and force them to like it.
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TheRouxGuru15 months
Ok CHAD from tigerdroppings… how many D1 coaching deals have you handled behind the scenes?
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MackDaddyBrown15 months
You just say no. You move on. If you're not willing to do that, you have little leverage. But why would any of these ADs do that if it's not their money?
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DVinBR15 months
an absolute shitshow in the making
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JakeFromStateFarm15 months
He said the quiet part out loud
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Tshiz15 months
Even worse, coulda got him for 2 mil
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SelaTiger15 months
That seems really odd.
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PUB15 months
Typical government employee - just spending $ not available.
State level is millions while federal level is billions and trillions.
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PeleofAnalytics15 months
Only a small portion of coaches salaries actually get paid by the school. The school is basically a middle man between advertisers, boosters, shoe companies and marketing deals. I remember reading somewhere that Saban only really gets paid like 250k from the school's general fund.
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cajunmud15 months
So when his first check bounces...?
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goodgrin15 months
Dumb. Students don't pay for football coaches salary at the P5 level.
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