What does Deion Sanders’ raise mean for him and Colorado? Deion Sanders’ $10M salary signals major investment from Colorado—but how will the school fund rising athletic costs? The University of Colorado has hired Fernando Lovo as its new athletic director.Lovo, previously the athletic director at New Mexico, will replace the retiring Rick George.He faces the challenges of improving the football program and addressing a $27 million budget deficit. There’s a new sheriff in charge of Deion Sanders. His name is Fernando Lovo. He’s 37 years old, 21 years younger than Sanders, Colorado’s football coach. But now he’s Sanders’ new boss after the University of Colorado’s Board of...
