JACKSON, MISSISSIPPI - DECEMBER 03: Head coach Deion Sanders of the Jackson State Tigers looks on before the game against the Southern University Jaguars of the SWAC Championship game at Mississippi Veterans Memorial Stadium on December 03, 2022 in Jackson, Mississippi. (Photo by Justin Ford/Getty Images)Justin Ford/Getty Images

If Deion was nearing the end of his time at Jackson State, he went out on a high note.

The SWAC Championship title was won by the tigers.

ESPN College Football @ESPNCFB

THE TIGERS TOOK HOME THE HARDWARE 🏆🏆

Jackson State claimed their 2nd straight SWAC Championship 💪 pic.twitter.com/AIFZcRpE3X

There are rumors that the head-coaching job at the University of Colorado is going to be taken by Sanders.

He has been preparing to leave Jackson State for Colorado and he's made inquiries to both potential members of his on-field staff and support staff at Colorado.

The University of Colorado is expected to make a formal announcement about its next football coach on Saturday or Sunday.

Adam Rittenberg @ESPNRittenberg

Update here as #Colorado expected to announce its next coach late tonight or early Sunday, according to sources. The board meeting is a placeholder for now and would only take place if all details are worked out for Sanders’ contract and it’s ready for formal approval. https://t.co/05kUJHTtAt

On a teleconference call earlier this week, he told reporters that he has been offered the Colorado job and that he has received interest from other programs.

Deion Sanders, Jackson State Win 2nd Straight SWAC Title amid HC's Rumored Exit✨ Watch more top videos, highlights, and B/R original content

The Buffaloes have offered a starting salary of $5 million per year and a number of incentives that if reached, could significantly elevate his annual salary.

The Buffaloes have been looking for a new head coach. The team started the season with an 0-5 record and an 8-15 mark under Dorrell.

Colorado has been struggling for a long time. It hasn't had a winning record in a long time. During the 2020 campaign, it went 4-2, but due to the COVID-19 Pandemic, it was shortened. This season is tied for the worst in program history.

Each of the last four games decided by at least 38 points were losses. The Buffaloes haven't been to a bowl game in five years.

He has been at Jackson State for three years. Under three different head coaches, the program had a combined 21-40 record over the course of the last two years.

The Tigers started the year with a 4-3 record. After he had a full season to coach the current roster and bring in recruits who fit his system, they took off with a program record 11 wins and a conference title.

Jackson State finished off a perfect 12-0 regular season with a win on Saturday. The SWAC champion will play North Carolina Central in the bowl.