Name | Deion Luwynn Sanders Sr. |
Age | 55 years |
Residence | Canton, Texas |
Source of wealth | College Football Coach, Professional NFL player (retired), Professional MLB player (retired), Media personality |
Cumulative Salary Earnings | $33.5 million over 14 seasons in the NFL, $13.2 million over 9 seasons in the MLB |
Endorsement earnings | $800,000 in 2013* |
Brands Endorsed | Nike, Pizza Hut, GMC, Van Heusen, American Express |
Marital Status | Divorced, dating Tracey Edmonds |
Charities supported | Prime 5 |
*Note: No reliable data for Deion Sanders' endorsement earnings post 2013 has been made available.
The only individual to appear in a Super Bowl and a World Series, Deion Sanders is a former cornerback who represented five franchises in the NFL during the span of his 14-year career. Sanders also played in the MLB for nine seasons as an outfielder. 'Neon Deion', as he was known back in the days, won back to back Super Bowls in 1995 and 1996 with the San Francisco 49ers and the Dallas Cowboys respectively. With an expnasive NFL and MLB career, Deion Sanders accumulated a net worth of around $50 million. Deion 'Prime Time' Sanders played his final season for the Baltimore Ravens in 2005 after which he retired and joined the NFL Network as an analyst.
How much is Deion Sanders' Net Worth in 2023?
Deion Sanders has a net worth of around $50 million as of 2023. He made most of his earnings through NFL salaries. He has also earned a considerable amount of money as an MLB player. As a head coach for the Colorado Buffaloes College football team, he is adding more to his net worth through the salaries.
Deion Sanders Career Earnings
The fact that the majority of Sanders' career transpired in the '90s is reflected well in his salary earnings as they do not contain the same numbers that you'd expect a modern day NFL player to earn. Thoughout his 14-year career, Sanders has earned a little over $33.5 million in cumulative earnings. To put things into perspective, Aaron Rodgers' current average salary per annum is approximately $50 million. During his 9-year baseball career, Sanders has represented the New York Yankees as well as four other franchises and earned around $13.2 million.
Deion Sanders NFL Earnings
Year | Team | Salary | Signing Bonus | Earnings |
---|---|---|---|---|
1989 | Atlanta Falcons | $450,000 | $2,000,000 | $2,450,000 |
1990 | Atlanta Falcons | $550,000 | - | $550,000 |
1991 | Atlanta Falcons | $650,000 | - | $650,000 |
1992 | Atlanta Falcons | $750,000 | - | $1,912,666 |
1993 | Atlanta Falcons | $825,000 | - | $1,987,666 |
1994 | San Francisco 49ers | $1,134,000 | - | $1,134,000 |
1995 | Dallas Cowboys | $178,000 | - | $178,000 |
1996 | Dallas Cowboys | $492,000 | - | $492,000 |
1997 | Dallas Cowboys | $335,000 | - | $335,000 |
1998 | Dallas Cowboys | $5,878,999 | - | $5,878,999 |
1999 | Dallas Cowboys | $3,000,000 | $2,500,000 | $6,500,000 |
2000 | Washington Redskins | $500,000 | $8,000,000 | $8,500,000 |
2004 | Baltimore Ravens | $1,500,000 | - | $1,500,000 |
2005 | Baltimore Ravens | $1,300,000 | $200,000 | $1,500,000 |
14 seasons | $17,542,999 | $12,700,000 | $33,568,331 |
Deion Sanders was drafted by the Atlanta Falcons as overall pick number 5 in Round 1 of the 1989 NFL Draft. He primarily played as a cornerback while also being used as a punt returner, kick returner, and wide receiver. After 5 seasons with the Falcons, he signed a one year contract with the San Francisco 49ers. Sanders signed his most expensive contracts in the NFL when he signed with the Dallas Cowboys. He initially signed a 7 year contract worth $34 million in 1995 which was later restructured to a 5 year, $51 million deal. To free salary cap space the Cowboys let go of Deion Sanders in 2000. Sanders played with the Washington Redskins from 2000 till 2004 after which he signed for the Baltimore Ravens. In his 14 year NFL career, Sanders earned around $45 million from NFL salaries and bonuses.
Deion Sanders MLB Earnings
Sanders earned around $13 million from baseball salaries and bonuses. Deion Sanders had a part-time career in the Major League Baseball. He was initially drafted by the Kansas City Royals in the 6th round of the 1985 MLB Draft. However, Sanders did not sign with them and was later signed by the New York Yankees in 1988 (he was selected in the 30th round of the 1988 MLB Draft). Sanders became the only player to play in a Super Bowl and a World Series game. He left the Yankees finishing the 1990 season with a .158 batting average and three home runs in 57 games. He signed with the Atlanta Braves for the 1991 season and played with them till 1994. Sanders was traded to the Cincinnati Reds in 1994 and played two season with them. Sanders was sent to the San Francisco Giants in an eight-player trade on July 21, 1995. He batted .280, hit 5 home runs and stole 8 bases in 52 games for the Giants. Sanders returned to the Cincinnati Reds in 1997 after which he took a hiatus from baseball for 3 years. He returned to play Major League Baseball for one last year with the Reds in 2001. He signed a minor league baseball contract with the Toronto Blue Jays following his release from the Reds in 2001.
How much does Deion Sanders earn in a year?
Deion Sanders not only had an expansive career as a player but even after retirement he pursued a variety of interests. He worked as an NFL analyst on the NFL Network. He also served as the head coach of the Jackson State University from 2020 to 2022. He is currently the head coach of the Colorado Buffaloes (University of Colorado). Sanders is set to earn around $5.5 million each year as the coach of the Colorado Buffaloes.
Deion Sanders Contract and Salary details with the Colorado Buffaloes
Deion Sanders is currently the highest paid coach in College football with a 5-year coaching contract with the Colorado Buffaloes worth $29.5 million. This contract value excludes potential bonuses and incentives which will further raise the money earned by Sanders. A basic compensation of $500,000 plus $1.75 million for radio, television, and other public appearances, $1.75 million for promotion and fundraising, and $1.5 million for the development of the student-athletes are all included in Sanders' contract's $5.5 million salary cap for his first season. Over the course of each year, Sanders' salary will increase and by 2027 he will earn $6.3 million per year. His contract also includes $5 million to assemble his assistant coaches and support staff.
Deion Sanders Endorsements
The first ever deal that Sanders struck was with Nike, coming in at around $250,000 a year. However, just six months later, Nike improved the deal to a seven-digit figure. Apart from Nike, Sanders has also worked with the likes of Pizza Hut, GMC, Van Heusen and American Express.
Deion Sanders Charity Work
Back in 2012, Sanders funded charter schools in Texas and founded the Prime Prep Academy. The idea was to provide a free laptop to every enrolled student. The academy, however, shut down in 2015 due to financial insolvency. In 2018, Sanders announced that he would be joining hands with the Kosh Network to work on the 'Prime 5' project which aims at raising $21 million throughout 2019 to help fight poverty in Dallas.