Sports What Deion Sanders will earn as head coach at Jackson State

New Jackson State football coach Deion Sanders won't be making the same amount of money as a coach as he did as a Hall of Fame cornerback. But he'll still make a hefty sum.

According to documents obtained by The (Mississippi) Clarion Ledger, Sanders will make $300,000 annually beginning Dec. 1 and ending on Dec. 1, 2024. Sanders will net $1.2 million from his base contract.

Sanders is also due the following bonuses based on incentives written into the contract:

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Deion Sanders was introduced as the football coach at Jackson State University on Monday with a ceremony fitting for a former player known as “Prime Time.” Jackson State declined to renew the contract of John Hendrick in August and installed offensive coordinator TC Taylor as interim coach .

Deion Sanders hired as head coach at Jackson State . Most of Sanders ’ coaching experience came when was the head coach at his Prime Prep Academy charter school in Texas for three seasons until it closed because of financial issues in 2015.

• $25,000 for every win over an FBS opponent
• $10,000 for winning the SWAC Eastern Division
• $30,000 for winning the SWAC championship
• $50,000 for winning the Celebration Bowl
• $5,000 for a team APR greater than 970

Sanders also has ticket sales provisions in his contract. For any home game that Jackson State sells more than 30,000 tickets, Sanders will be paid 10% of the revenue from those sales. Sanders will also be paid 10% of the season ticket revenue if Jackson State sells more than 10,000 season ticket packages for a season.

© Eric Shelton, Clarion Ledger Deion Sanders is introduced as Jackson State's head coach on Sept. 21.

If Sanders' contract is terminated without cause, he will be owed the equivalent of one year's base salary. If Sanders terminates the contract himself without cause, he will owe Jackson State 50% of the remaining value on his contract.

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Sanders made the announcement that he will be coaching at the HBCU during the first episode of the ’21st & Prime’ podcast. JACKSON , Miss. (AP) — Hall of Fame cornerback Deion Sanders says he will become Jackson State ’s football coach . Sanders made the announcement Sunday night on the

Deion Sanders knows how to make news. It's a fact that hasn't been challenged since accepting the head coaching job at Jackson State last week. Sanders noted during his press conference that his staff is already in place, and they’ve even begun digital staff meetings and scheme installs amongst

Sanders, Jackson State president Thomas Hudson and athletics director Ashley Robinson all signed the contract on Sept. 18, 2020. Sanders was officially announced as Jackson State's head coach on Sept. 21.

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For comparison, Ole Miss coach Lane Kiffin has an annual base salary of $3.9 million and Mississippi State coach Mike Leach has an annual base salary of $5 million.

This article originally appeared on Mississippi Clarion Ledger: What Deion Sanders will earn as head coach at Jackson State