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Audit Reveals $1.2M Colorado Bowl Loss, Unearned $50K Bonus

6/11/2026

42 4 Full Breakdown

Summary

Story summary

An audit released on June 4 2026 found that Colorado head coach Deion Sanders received a $50,000 bonus he did not earn.
The audit also identified $71,333 in overpayments to assistants and staff for the 2024 Alamo Bowl.
Colorado lost $1.2 million on the Alamo Bowl because it lacked a budget to control spending.
The Alamo Bowl was misclassified as a New Year’s Six game, causing the $50,000 overpayment under Sanders’s contract.

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Story summary

An audit released on June 4 2026 found that Colorado head coach Deion Sanders received a $50,000 bonus he did not earn.
The audit also identified $71,333 in overpayments to assistants and staff for the 2024 Alamo Bowl.
Colorado lost $1.2 million on the Alamo Bowl because it lacked a budget to control spending.
The Alamo Bowl was misclassified as a New Year’s Six game, causing the $50,000 overpayment under Sanders’s contract.