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re: Florida State is more than $430M in debt, complicating the $68M Norvell buyout

Posted on 10/14/26 at 2:19 pm to
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9841 posts
Posted on 10/14/26 at 2:19 pm to
Time for coaching buyouts to go away. Better off investing that money on NIL for players.
Posted by Mahootney
Lovin' My German Footprint
Member since Sep 2008
12194 posts
Posted on 10/14/26 at 3:01 pm to
quote:

Norvell was considered a good coach for a minute or so. What the hell happened? Did he not keep up with NIL? Did the CFP snub just sink FSU’s reputation to where they can’t compete against SEC and BIG10 anymore?
Great reputation before the hire. I was quite excited.
You had to have either the facilities advantage (FSU doesn't), or the brand advantage (FSU did), or the coaching advantage (previous performance)... to get top players.

The snub hurt alot, and his performance the last few years has hurt more, but the inability to have boosters buy you a $40M roster is what will kill FSU longterm.
You can be a good coach and look great with the right players and horrible with bad ones.
I think that's probably the truth to it.
Posted by jlnoles79
Member since Jan 2014
14901 posts
Posted on 10/14/26 at 4:52 pm to
quote:

I think they’re stuck with him.


If/when the expected happens Sat night, Norvell is getting fired on Sunday
Posted by jlnoles79
Member since Jan 2014
14901 posts
Posted on 10/14/26 at 4:54 pm to
quote:

The snub hurt alot, and his performance the last few years has hurt more, but the inability to have boosters buy you a $40M roster is what will kill FSU longterm.
You can be a good coach and look great with the right players and horrible with bad ones.
I think that's probably the truth to it.



Norvell couldn't recruit high school players before this became a thing
Posted by Germantiger001
Southeast LA
Member since Jun 2016
1313 posts
Posted on 10/14/26 at 5:31 pm to
quote:

Sounds like FAU and FIU need to eat some humble pie and drop down to FCS so Florida State can afford his buyout.... At least that's how Louisiana would handle it.


Well there’s a pecking order in life & football is not immune from it
Posted by Barstools
Atlanta
Member since Jan 2016
12583 posts
Posted on 10/14/26 at 9:22 pm to
Why would Jimbo agree to that? Couldn't he just not come back and make even more more doing nothing?
Posted by Barstools
Atlanta
Member since Jan 2016
12583 posts
Posted on 10/14/26 at 9:24 pm to
quote:

Norvell couldn't recruit high school players before this became a thing


But he sure could recruit them if he had $40 mil to spend.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
56063 posts
Posted on 10/14/26 at 9:33 pm to
quote:

Did the CFP snub just sink FSU’s reputation to where they can’t compete against SEC and BIG10 anymore?


I wouldn’t blame it on the snub, but more like the ACC has just been falling behind now monetarily for years
This post was edited on 10/14/26 at 9:33 pm
Posted by jlnoles79
Member since Jan 2014
14901 posts
Posted on 10/14/26 at 9:37 pm to
quote:

But he sure could recruit them if he had $40 mil to spend.


No doubt, but at this point you'd have to pay around $60 million because of the suck tax
Posted by Globetrotter747
Member since Sep 2017
6030 posts
Posted on 10/15/26 at 6:43 am to
quote:

The fact that institutions of higher learning are tethered to these awful financial situations is insane. It’s crazy that we live in a society that values mercenaries throwing and catching a pigskin more than the pressing needs of a college campus. It’s probably every major university that has donors doing this too. There’s a big picture here somewhere.

The spirit of college football is simply incompatible with high stakes multibillion dollar entertainment.
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