FSU is broke

[DMoney]

 

[sedlst11]

 

[mirvin88]

 

[JD08]

How did they more than double their debt in just a year?

 

[klineski96]

 

[RozayCane]

437 million? They gone have every local business patch on their jerseys

 

[ShadowSpring]

Now we know why they didn't buyout Norvell......

 

[TooColdToHold]

Will they have the money to buy out Norvell and also pay the buyout for a big time coaching hire?

 

[Tallahassee Cane]

437 million? They gone have every local business patch on their jerseys

Can’t wait to see the “Rick’s Toybox” patch. Maybe instead of the tomahawks on the helmet, Rick’s can sponsor ***** stickers.

 

[C A N S]

FSU is decades from relevance.

 

[ssvir]

They got sued for Title IX violations and had to add more women's sports like wlax.

FSU women's lacrosse breaks ground on new facility as Seminoles construct inaugural roster

Ground has been broken on FSU lacrosse's designated facility, which neighbors FSU's golf facility and engineering facility on Pottsdamer Street

www.tallahassee.com

 

[The U is back to work]

Man that $50m buyout is going to be so tough for them to take on lol

 

[Yoyo423]

broke in more ways than one...

 

[LuCane]

 

[TRick72]

 

[caneULM]

Will they have the money to buy out Norvell and also pay the buyout for a big time coaching hire?

Probably not. After the buyout of King Willie and renewing Norvell's deal, they probably have just enough $$$ to function.

 

[BOLTY]

Lets get a twitter hashtag trending for negative recruiting purposes.

#povertyFSU has a nice ring to it.

 

[ssvir]

How did they more than double their debt in just a year?

They spent $140M on a football facility and $265M on Doak "improvements".

Also spent another $25M on other athletic buildings.

They are broke but they are also getting long term assets out of the spending.

 

[aelmiami]

I guess the price of stadium jokes is over $400M. Who would’ve guessed it.

 

[Orpheus]

Need one of them ‘for only 30 cents a day’ commercials.