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How much is Mike Norvell's buyout at Florida State?

Mike Norvell's seat just got even hotter after an 0-2 start. So how much would it cost Florida State to fire him?

By Connor Muldowney

Sep 2, 2024; Tallahassee, Florida, USA; Florida State Seminoles head coach Mike Norvell before the game against the Boston College Eagles at Doak S. Campbell Stadium. Mandatory Credit: Melina Myers-USA TODAY Sports
Sep 2, 2024; Tallahassee, Florida, USA; Florida State Seminoles head coach Mike Norvell before the game against the Boston College Eagles at Doak S. Campbell Stadium. Mandatory Credit: Melina Myers-USA TODAY Sports / Melina Myers-USA TODAY Sports
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Fresh off his best season as a college football coach, Mike Norvell set the bar a little too high for himself and Florida State in 2024.

The Seminoles began the 2024 season ranked No. 10 in the country and it made sense because they finished the 2023 campaign with a 13-1 record. There was even some controversy surrounding the fact that 13-0 Florida State didn't make the College Football Playoff based on star quarterback Jordan Travis suffering a season-ending injury.

But that didn't matter much as the Seminoles got clobbered by Georgia in the Orange Bowl anyway.

As you could imagine, though, everyone surrounding the program was excited about the future of Florida State football under Norvell who had gone 23-4 over the past two seasons after a shaky 8-13 start to his tenure in 2020 and 2021. The excitement was so palpable, in fact, that the athletic department signed him to an extension through 2031 and you wouldn't have been able to find many fans who disagreed with the move.

Fast forward to Monday night of Week 1 and that has all changed.

Florida State just dropped its second game of the season after losing to Georgia Tech in Ireland in Week 0 and both contests were against opponents that were "supposed to be" sure wins.

Now, fans are scrambling to figure out what Norvell's buyout situation is.

What would it cost FSU to buy out Mike Norvell's contract?

Well, according to that new contract, Norvell's buyout in 2024 would be $6 million and then it decreases every year after. In 2025, the buyout drops to $4 million, then $3 million in 2026, $2 million in 2027 and then down to $1 million in 2029 before being $0 in 2030 and 2031.

However, those buyout numbers stipulate if the contract should be "ended prematurely by the employee".

Should FSU decide to fire Norvell, reports are that they would be required to pay him 85 percent of his remaining contract. Meaning, Norvell would be due near a whopping $63 million.

We'll update this post if more details come to light.

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