Syndication: USA TODAY

It's widely expected that Jackson State coach Deion Sanders will announce his future plans Saturday after the Tigers face Southern University in the 2022 SWAC Championship Game. Sanders has been connected to job openings at Colorado, Cincinnati and South Florida with Prime himself confirming a job offer from the Buffaloes. 

Now, we might know how much the offer is worth. 

Colorado has offered Sanders more than $5 million annually, according to CBS News Colorado. The offer is said to include some salary-increasing incentives, and though no specifics are available, those incentives supposedly could increase his salary by about 40%.

ESPN reported Friday night that Sanders is already laying the groundwork for staff members and players that he will target in the transfer portal at Colorado. The transfer portal will officially open Monday even though several players have already announced their intent to change programs.

An offer makes sense considering Sanders has been both successful and visible at Jackson State. He's 26-5 in three seasons with the Tigers and 11-0 this season. Sanders has also recruited some of the country's top talent, including Travis Hunter, the No. 1 recruit in the Class of 2022. 

It appears Colorado is hoping Sanders could do the same for a program that won a national title in 1990.

Colorado fired coach Karl Dorrell in October after an 0-5 start to the season. Dorrell took over the program during the COVID-shortened season after Mel Tucker unexpectedly left to take the Michigan State job. Things started well enough, with the Buffaloes going 4-2 in a shortened 2020 season, but they lost 13 of their next 17 games. The 2020 season is one of only two seasons in the last 15 in which the Buffaloes reached a bowl game.