FRISCO, Texas — Colorado coach Deion Sanders said he’d like to see college football institute a salary cap.
“This stuff has gone crazy. Nobody knows where it’s going to land, where it’s going to end,” he said during Big 12 Media Days at The Star on Wednesday.
On July 1, the House settlement allowed schools to share up to $20.5 million in revenue in Year 1 with athletes across sports on campus. Some third-party collectives representing schools, however, have signed athletes to contracts before the settlement, using money from collectives that doesn’t count toward the revenue-sharing total.
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Sanders also took aim at tampering with rosters. Some collectives will lure players into the portal with promises of paydays larger than what they’re currently earning.
“I would see a player and see he got an offer from another school, and I’m tyring to figure out … how is that possible when the guys isn’t in the portal? How is that?” Sanders said. “Now, if that was one of my players, y’all would be all over it. I’m trying to figure out how can somebody say, ‘You’ve got a $5 million offer.’ How? And the kid isn’t in the portal. We need to be upright and upstanding.”
In a video released this spring, Sanders called out Virginia by name for tampering with a former Colorado player who entered the portal. Virginia did not respond to a request for comment from The Athletic.
Sanders lauded Texas Tech and coach Joey McGuire’s efforts in recruiting players in the portal. Former Texas Tech player and billionaire Cody Campbell has been instrumental in helping fund the Red Raiders’ player acquisition efforts.
“Joey’s got some money! Joey! Where you at baby? Spending that money! I love it. I love it. Once upon a time, you guys were talking junk about me going in that portal, now when everybody’s going in the portal, it’s OK,” Sanders said. “It’s cool when they do it. There’s a problem when I do it. Ain’t that a rap song?”
Texas Tech added 21 transfers from a class that ranked No. 2 among transfer classes by 247Sports.
In Sanders’ first offseason, Colorado’s top-ranked transfer class added 52 players.
(Photo: Stacy Revere / Getty Images)
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