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Tears Nole Tears (“Offcial”)

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What is Mike Norvell's contract buyout at Florida State?​

Norvell's extension tacked six more years on to his original contract and bumped his annual salary up north of $10 million per year, putting him in line with the elite coaches in college football. Norvell's buyout is 85% of his remaining contract, and from 2025 to 2031, Norvell is scheduled to make $72.7 million. That means his buyout before this season was $61.8 million and his buyout after this season would still be $53.3 million. The buyout can be paid in full or in monthly installments through the 2031 season.

Norvell did agree to restructure his deal after last year's 2-10 debacle, taking a one-year pay cut of $4.5 million for the 2025 season to help with potential revenue sharing. However, he has the opportunity to make that money back in bonuses through the remainder of his contract -- and would get the full amount back in his buyout if fired after this season -- and then a pro rated amount of that $4.5 million, decreasing by $750,000 each year until his contract runs up in 2031.
 
From CBS Sports this afternoon:


"After a Week 1 win over Alabama, no one expected Florida State coach Mike Norvell to end up on the hot seat again in 2025, but three consecutive losses in ACC play to Virginia, Miami and Pittsburgh turned up the pressure once again on Norvell in Tallahassee, as frustrations continue to mount over back-to-back seasons of major ACC struggles."

:ROFLMAO::ROFLMAO::ROFLMAO:

Tina Fey Comedy GIF by NETFLIX



A lot of folks weren't fooled by those frauds in Tally with their crap roster and sub-mediocre coaching staff
 
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