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Feb 8, 2023 · Florida State rewarded Mike Norvell with a contract extension that makes him one of the highest-paid coaches in the ACC. The deal, which comes after a 10-win season in 2022, keeps Norvell in Tallahassee through 2029.
Feb 26, 2024 · Florida State football coach Mike Norvell received a $2.5 million raise for this season, according to a copy of his latest contract.. Norvell’s base salary for the year is $10 million under a ...
- mbaker@tampabay.com
- Colleges And Recruiting Reporter
Jan 12, 2024 · Florida State head coach Mike Norvell signed a three-year deal in 2023 that will pay him over $10 million per year by 2029. His net worth is over $53 million and he can earn more with bowl and CFP incentives.
- Oliver Hodgkinson
- Mike Norvell Contract Details
- Pandemic Effects
- Mike Norvell Buyout Details
- Potential Bonuses
- Mike Norvell’s Additional Allowances and Perks
Showing the details behind Norvell’s contract isn’t as simple as presenting the number of years and total salary. There are two factors at play here: (1) An extension signed in 2021 and (2) several rounds of pay cuts that Norvell took during the pandemic to help the university save money. Norvell’s contract was originally worth $28 milion over six ...
That pay cut was originally agreed to in July 2020, with additional amendments coming that December. According to the amendments, as obtained by Boardroom, here are the changes to his additional pay, none of which affect his annual base salary of $215,000: 1. Contract Year One (2020): $3,535,000 — remains unchanged 2. Contract Year Two (2021): $2,7...
If Florida State fires Norvell without cause — essentially because the team is losing and not because of any NCAAshenanigans or legal issues — then the university will owe him 85% of the remaining money left on his contract. In this case, “remaining money” is defined as his remaining base salary plus remaining additional pay. Retention or performan...
As with most coaches, Norvell is set to receive some hefty bonuses if his players perform well on the field and in the classroom. His contract states that in order to be eligible for these bonuses, his team must have a multiyear APR score of at least 930. For the uninitiated, APR stands for Academic Performance Rate, and is the NCAA’s way of measur...
Norvell’s additional perks are all pretty standard, but worth noting nevertheless: 1. Florida State also provides Norvell with allowances to cover essential job expenses like his cell phone and vehicle. The university gives him a $2,000 per month car allowance. For his phone, his contract allows for either a university-issued phone or a stipend to ...
Feb 8, 2023 · Norvell’s salary will rise from the $4.75 million he was due this year to more than $9 million in 2029. ... Florida State football coach Mike Norvell has signed a three-year contract extension ...
- mbaker@tampabay.com
- Colleges And Recruiting Reporter
Jan 12, 2024 · Norvell agreed to an eight-year extension worth more than $10 million annually after leading the Seminoles to the ACC title in 2023. The new deal comes amid his being linked to the Alabama coaching search after Saban's retirement.
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Dec 12, 2019 · New Florida State football coach Mike Norvell's contract calls for him to earn a total base salary of $26.5 million over six years, along with the potential for large bonuses for a variety of on- and off-field accomplishments. In the first year of the contract, which was signed on Dec. 7 by Norvell and on Dec. 10 by FSU President John Thrasher ...
