Colorado finds financial issues in bowl game payments to Deion Sanders

Yahoo Sports1 min read • Latest: Jun 10, 2026, 11:03 AM

Last updated Jun 10, 2026

Colorado finds financial issues in bowl game payments to Deion Sanders
Summary

An internal audit revealed Colorado overpaid head coach Deion Sanders $50,000 after the 2024 Alamo Bowl, as the bowl's classification was misinterpreted. The audit also noted $71,333 in overpayments to assistant coaches. Colorado lost $1.2 million on the game partly due to not having a budget to regulate spending. In response to the findings, the athletic department plans to revise postseason compensation policies to clarify payment procedures. Colorado faces ongoing financial challenges, including a $27 million deficit for fiscal 2026.

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By the Numbers
  • Colorado gave Sanders a bonus for the wrong bowl classification.
  • The Alamo Bowl resulted in a $1.2 million loss for Colorado.
  • Audit recommended revisions to compensation policies.
  • Colorado's athletics department faces a $27 million deficit.
Latest Updates
  • 11:03 AMYahoo SportsColorado paid for a bowl it misread — and Deion Sanders cashed in
What they're saying
"

An internal audit found some issues related to Colorado's appearance in the 2024 Alamo Bowl, including an overpayment for coach Deion Sanders

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